@jeffw to politics • 7 months agoThe reckless policies that helped fill our streets with ridiculously large carswww.vox.comexternal-linkmessage-square41arrow-up1261arrow-down17cross-posted to: [email protected]
arrow-up1254arrow-down1external-linkThe reckless policies that helped fill our streets with ridiculously large carswww.vox.com@jeffw to politics • 7 months agomessage-square41cross-posted to: [email protected]
minus-square@reddig33link4•7 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-square@reddig33link2•edit-27 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/
Do you have any data, at all, to back up any of that?