Money

$1,000 a month for a car loan payment? Why auto loans are soaring for many buyers

Jamie L. LaReau, Detroit Free PressComments Off on $1,000 a month for a car loan payment? Why auto loans are soaring for many buyers

The number of car buyers paying $1,000 a month in auto loan financing has hit an all-time high, driven up by car shortages and high interest rates.

     
Jamie L. LaReau, Detroit Free Press
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