this post was submitted on 08 Nov 2023
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[–] malloc@lemmy.world 58 points 1 year ago (21 children)

The shift towards massive vehicles (SUVs) and trucks loaded to the tits with tech junk is to blame. Auto industry sold the idea to Americans that their fat ass needs a compensator instead of psychiatric help.

[–] Pasta4u@lemmy.world 8 points 1 year ago (19 children)

Nah.

It's poor planing and over spending that is the issue. People who lease cars are on an endless cycle of never owning anything and always laying a premium.

Just actually buy a car you can actually afford.monthly payments on and drive the car into the ground. Every car in have owned has made it at least a decade and a 150k miles. Once you are done paying off take what the monthly payment would be and out it into two banks account split 20/80. Woth the 80% being towards a new car and the 20% being for repairs.

[–] surewhynotlem@lemmy.world 3 points 1 year ago (1 children)

Name a person you know who over spends like this.

[–] Pasta4u@lemmy.world 6 points 1 year ago

My brother in law and sister in law. They have two brand new leases and a house they can't afford and have been borrowing money from my in laws to keep afloat.

Lots of people over spend this way. I had a friend who was making $700 a month payments on a used Mercedes suv as a new teacher.

Lots of people over spend on dumb shit.

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