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