REUTERS/Cathal McNaughton
America's love affair with cars has reached critical mass.
According to Experian's quarterly "State of the Automotive Finance Market," the average car payment for a new vehicle is an astounding $482 per month — stretched out for 67 months, or more than five years.
That amount of money is hard to fathom on a national level, but it's even crazier when you consider something else: The average American household is saving just 5% of their disposable income for retirement... Читать дальше...