American car buyers are borrowing like never before—and missing plenty of payments, too (1.2T$ debt now)

[Zisbest]

My car is now 12 years old - guess I don't have to specify that I got it for cheap. It has done me good service thus far and by the current outlook will continue to do so for quite a few more yeras.

My point of view concerning cars: The less tech there is, the less can break. Considering repairs, it has been very easy on me.

 

Taking on debt for a car is out of the question for me personally.