Wealthion – X, Released on 3/18/24

How are Americans affording the cost of driving a car?

1. Average new car payments are $726/month

2. Average insurance costs are $167/month

3. Average spend for gasoline is $150/month

Total: $1,043/ month

Answer: They aren’t. Delinquency rates are skyrocketing.

— Wealthion (@wealthion) March 18, 2024