We Uncovered the Secret Scheme Trapping Americans in Car Loans (More Perfect Union)

[QueerDuck]

A historic number of Americans are behind on their auto loans.

New car payments are costing people as much as rent used to cost — $750 a month on average.

We investigated auto lenders, and found companies making billions even as they set up customers up to fail.

[pansypoo53219]

1. my grandpa drove used cars til he could just buy the car.

[hunter]

2. It's appalling that we are forced to own cars in this society.

That's not freedom.

We ought to be rebuilding our cities to make them attractive affordable places where car ownership is unnecessary.

My wife and I haven't had car payments since the 'nineties, probably because I'm a pretty good mechanic (something I was forced to learn when I was young if I wanted a car ) and we are not afraid of buying cars that are no longer shiny.

Buying used cars is not a solution to the problem, however. Somebody's got to be buying new cars if used cars are to be affordable, and these cars have to be durable.

In the bigger picture people who live in cities and don't own cars tend to have the smallest environmental footprints.