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New cars cost what a house used to cost. 7 year loan is wild.
New cars are the house
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.
you need an address to rent a PO box
From the USPS. But there are other places like the UPS Store that don't have that restriction.
Yeah, and pay hasn't gone up for over 20 years
CEO pays have. Everyone else ... not so much.
It's like every car salesman next to a military base spread to the whole country like an invasive species...
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.
Who are these people buying all these vehicles? I would NEVER consider spending that much on a car and I make decently above what the average household does...
$66k? For transportation?! I'm on year 11 of owning my 3 year pre-used car...
But only 1 retains it's value. 10 years in and that car is worthless.
My prius cost nothing when I got it and it's still worth shit
HOLY SHIT.
84 months!
We are going to continue to drive our 16 year old car and 8 year old car around for a while longer, I hope. I cannot imagine paying for a car for 7 years, damn.
They're bundling and selling these loans off just like they did real estate up until 2008. When it all exploded in their faces.
I'm jacked, jacked to the tits.
You don't have to get an 84 month loan. We just did a 48 month loan on my wife's new car. The trick is, buy within your means and don't roll negative equity into your new loan.
Yes, that's so true. I remember coming into a small amount of money and had been saving a little bit, and had just paid off a ridiculously long car loan on a used car - still one of the dumbest financial decisions I had made in my youth - 5.5 years on a used car, WTF was I even thinking, LOL.
Anyway, I was itching to buy some new car possibly, as I had never bought new. Someone handed me a book about finances and the author reiterated what my parents had always tried to drill into my head - about the only worthwhile debt is real estate.
For cars, he had this notion of "paying yourself" the car payment once you pay off a car. Do that for many years, and use that savings for your next car, preferably used, about 2 or 3 years old, after which the depreciation has had the steepest drop.
So I skipped buying something new or used. For so many reasons, I am glad my co-worker lent me that book at that particular time.
My previous car I did 60 months at 0%. They were offering, I knew I'd drive it that long, so why not.
And for a solid five months I had no car loan to pay!
Mine's 18 years old. Aside from some clear coat chips, she drives great. No need for a new car. I plan to drive this car til the wheels fall off.
HOLY SHIFT.
If they're offering 0% for 132 months, I'm doing it.
Especially as cars do come with 7 or more years of warranty, like KIA.
If you give me 0% for more than 5 years? Sure, I'll take it. Our EV is 2021 model, I'm in no rush to sell it. I'll reach the mileage warranty unfortunately before the timed one.
People buy new cars?
Apparently not. Apparently they rent them, just like their homes.
I’m nursing a 23 year old VW along. 1.8T 5mt Jetta; it’s still fun to drive, though I really do need to go through it when I have time and replace all the ancient rubber components. But it still runs fine. Fantastic city car too, because it’s easy to park because it’s so small, and old enough that I don’t really care if someone bumps into it a little bit.
Wait stop don't.
-Willy Wonka
No sympathy for modern car buyers. There are almost no limits on size at the moment. Things have gone way out of reasonable limits. We need to strike down vehicle size limits by a huge amount.
To elaborate on the no sympathy part, most new vehicle on the road are oversized. For example, SUV death wagons, and the odd clown truck bringing their 6 wheeler for a lettuce and bread trip to whatever other spot dealing with their misery.
