The new vs. used car debate is dead. They’re both expensive debt traps

A record number of buyers — of both new and used vehicles — are locked into monthly payments of $1,000 or more, new data ...
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Over 20% of new car buyers paid more than $1,000 a month by late 2025

The headline figure is stark: over 20 percent of new car buyers are now committing to payments above $1,000, a level that ...