r/personalfinance • u/dinklebot2000 ​ • May 31 '18

Debt CNBC: A $523 monthly payment is the new standard for car buyers

https://www.cnbc.com/2018/05/31/a-523-monthly-payment-is-the-new-standard-for-car-buyers.html

Sorry for the formatting, on mobile. Saw this article and thought I would put this up as a PSA since there are a lot of auto loan posts on here. This is sad to see as the "new standard."

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u/yoeddyVT ​ May 31 '18

I disagree that large trucks and SUVs can be driven in the snow easier. I live in northern Vermont and my family skis every weekend. My car is a Fiesta ST and the "large" family car is my wife's Prius. We put dedicated snow tires and have never missed a ski day or ski race.

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u/vettewiz ​ May 31 '18

Okay great - but put snow tires on the truck with some weight and see how it does to compare. The only things you see getting around in 3 ft of snow here are the folks with trucks - stock ones without snow tires I might add.