The average new car payment just hit $772/month. A record high.
4-year car loans used to be normal. Now buyers are stretching payments to 6, 7, and even 8 years.
1 in 5 financed new-car buyers pays $1,000+ a month.
That’s not a car payment anymore. That’s a second rent check.
Rent is up. Insurance is up. Food is up. Student loans are back. And the average new car is close to $50,000.
Andrew Lokenauth
npub144…450vp
2026-06-30 22:28:03 UTC
Author Public Key
npub144rtt3jc6225m4gcpeftdgekm9rsssrwspnkwtyvqampfk6wmzvs4450vpSeen on
wss://relay.mostr.pubPublished at
2026-06-30 22:28:03 UTCEvent JSON
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