Vehicles are Getting Harder to Afford. Here’s How to Stay Safe When You Get a Car Loan.
According to Automotive News, the prevalence of long-term loans (between 73 and 84 months) has risen from 11.7% to 33.8% since 2009. The reason is that drivers can’t make the larger payments required for shorter-term loans. The cost of the vehicle the average person can afford has decreased. In Washington DC, where drivers can afford […]
