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[–] 67 points 8 months ago (13 children)

New cars cost what a house used to cost. 7 year loan is wild.

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  • [–] 26 points 8 months ago (4 children)

    In the future instead of renting an apartment you will rent a parking space and P.O. Box so that you can sleep in your car. The laundromat and showers might be included or they might be pay per use.

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  • [–] 7 points 8 months ago

    Well, some do.

    Now, these alarming average new car prices aren't indicative of pricing across body styles and brands; KBB data shows consumer choice was in no small part behind the increase, as the number of full-size trucks hit a five-year high through the end of 2025. U.S. buyers purchased over 233,000 full-size trucks in the fourth quarter of 2025, at an average price of $66,386. Similarly, the average EV sat around $58,034 through the end of 2025, further driving up the average new-vehicle transaction price.

    A new Camry is $30k, half that.

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  • [–] 3 points 8 months ago (2 children)

    But only 1 retains it's value. 10 years in and that car is worthless.

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