jeffw@lemmy.world to politics @lemmy.world · 6 months agoThe reckless policies that helped fill our streets with ridiculously large carswww.vox.comexternal-linkmessage-square40fedilinkarrow-up1261arrow-down16cross-posted to: [email protected][email protected][email protected]
arrow-up1255arrow-down1external-linkThe reckless policies that helped fill our streets with ridiculously large carswww.vox.comjeffw@lemmy.world to politics @lemmy.world · 6 months agomessage-square40fedilinkcross-posted to: [email protected][email protected][email protected]
minus-squarereddig33@lemmy.worldlinkfedilinkarrow-up4·6 months agoI’d imagine most people with those SUVs don’t actually own them. They’re either leasing them, or have a huge monthly car payment that they’ll just fold into another car loan when trading it in for the next.
minus-squarereddig33@lemmy.worldlinkfedilinkarrow-up2·edit-26 months ago“80% of new cars in the United States are financed.” https://www.statista.com/statistics/453000/share-of-new-vehicles-with-financing-usa/ 1/5 of new cars are leased. https://www.statista.com/statistics/453122/share-of-new-vehicles-on-lease-usa/ Eight of the top ten vehicles leased in 2020 were SUVs or large trucks. https://www.experian.com/blogs/ask-experian/what-are-the-most-commonly-leased-vehicles/
I’d imagine most people with those SUVs don’t actually own them. They’re either leasing them, or have a huge monthly car payment that they’ll just fold into another car loan when trading it in for the next.
“80% of new cars in the United States are financed.”
https://www.statista.com/statistics/453000/share-of-new-vehicles-with-financing-usa/
1/5 of new cars are leased.
https://www.statista.com/statistics/453122/share-of-new-vehicles-on-lease-usa/
Eight of the top ten vehicles leased in 2020 were SUVs or large trucks.
https://www.experian.com/blogs/ask-experian/what-are-the-most-commonly-leased-vehicles/
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