WebHow do people afford cars? I’ve seen this asked before, but it seems most people said “drive what you can afford” or to buy a used car because it’s cheaper. But literally the cheapest used car at the dealer near me is $15.000, which is about $275/month for 72 months. WebHow do people afford nice cars? Overall, only 8.5% of these high rollers paid cash. Around 31% leased and 60.4% took out a loan with an average payment of $2,201 and an average term of 56 months. For comparison, the general market in 2024 saw 9% of buyers paying cash, 20% leasing, and 70% taking out a loan.
Where do people get the money to buy expensive houses?
WebThere are basically two types of people who go for flashy cars: uber rich who can buy the car like you'd buy a new phone, and then there are people trying to live way above their means. Rowley-Birkinqc • 9 mo. ago Even wealthy people don’t buy cars outright. They will lease them so they can change it on a regular basis. WebSo the question is, how do people afford new cars? In general, the majority of people cannot afford to purchase a new car outright. In most cases, when you see someone driving a … dutch new years food
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