Americans Are Falling Behind on Their Car Payments

A record number of owners spend more than $1,000 on their monthly car payments. Read on to learn how to cope with payments that are too high.

You're viewing a single thread.

203 comments

I feel like the ven diagram of people who are getting behind on their car payments and people who could use any of the tactics listed in the article is essentially two non-intersecting circles. The only one that had a chance is "sell your expensive car and buy a cheap one" but that only works if you're not to far gone.
- It also avoids the question of "who's going to buy your expensive used car in this market?" The middle class is shrinking every year.

You've viewed 203 comments.