• TigrisMorte@kbin.social
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    5 months ago

    Is that because the costs of cars has vastly exceeded inflation while wages have mostly stagnated until mid 2021? (please note: beating inflation by a bit for 2 years in no way makes up for the prior 40+)

    • TonyTonyChopper
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      5 months ago

      And car dealers (car mafia) make their money primarily through financing now. Some won’t even let you pay cash for a new car.

      • TigrisMorte@kbin.social
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        5 months ago

        They can’t prevent you from purchasing with cash, that is the whole Legal Tender thing. Rather they dissuade you from not taking their financing. Very very different things.