Millennials And Gen Z Can't Afford Their Auto Loans, And It's Only Getting Worse

[Celerity]

45. Here is a listing for new 2023 Mirages in the US, if you are wondering about prices.

https://www.cars.com/shopping/mitsubishi-mirage-2023/

You have to enter in your postal code and distance to extend the search in order to get an accurate reading.

Interest rates are not an issue for us, as we pay cash, but I can easily see people getting hammered, as the US seems to have far fewer consumer protections and a very predatory mindset on balance than I have seen over here in the EU and the UK.

We did not have to purchase a car whilst I read for my MBA in Los Angeles, we had access to one via my father. I hated driving there at first (wrong side of the road!), but got used to it. Of course Sweden is also, like the US, right-hand traffic, so now I am used to both. In fact, when we go back to London or Barbados, left-hand traffic now seems a bit strange at first, lolol.