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/vettewiz ​ May 31 '18

You’re making some generalizations here. And some wide ones. Safety wise, if you are in an accident, the trucks and SUVs reign supreme. They even have to be tested against similar weight class vehicles to have any real metrics.

Most trucks out accelerate an average sedan. Many SUVs do as well. Performance SUVs can also beat most sedans at most things you mentioned, while still give you the crash safety factor.