Ya loans are the way most people do these things. Or they love out of their vehicles. It’s crazy. Meanwhile I’m driving a vehicle from year 2000 that I’ve owned outright since 2009. Most I spent on a major repair was 6k. I’d be blown away if my total cost of ownership, including maintenance was over 25k. Unless you’re making 160k a year with no dependents I don’t know how these people do it.
Ya loans are the way most people do these things. Or they love out of their vehicles. It’s crazy. Meanwhile I’m driving a vehicle from year 2000 that I’ve owned outright since 2009. Most I spent on a major repair was 6k. I’d be blown away if my total cost of ownership, including maintenance was over 25k. Unless you’re making 160k a year with no dependents I don’t know how these people do it.
probably making minimum payments on the debt and then trading up every few years - they’ve been in debt so long that it’s normal.
Or leasing.