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More car buyers pay at least $1,000 a month for their loan, as high prices, rate hikes deal 'a one-two punch'

More car buyers pay at least $1,000 a month for their loan, as high prices, rate hikes deal 'a one-two punch'

Overall, 14.3% of consumers who financed a new car in the third quarter committed to payments above $1,000, up from 8.3% during the same time period in 2021.

from Personal Finance https://ift.tt/t3by2nu

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