Monthly car payments have crossed a record $700. What that means

[paulpauper]

https://www.npr.org/2022/07/02/1109105779/monthly-car-payments-record-700

[josephd79]

I would assume they're also longer terms, 72 to 84 months. Now they got you on the hook for 6 to 7 years instead of 2-5 years.

Most people do not pay them off, they just buy a new or used car every couple of years.

[t6jvcereio]

> Monthly car payments have crossed a record $700. What that means

The title is clickbait as the article does not in fact explain "what that means".