> Things get a little better when you look at combined household incomes, with 34.4% of U.S. households making more than $100k each year.
That number is more reasonable; given that they're assuming 5-year loans, and the average car in the U.S. lasts 14 years. 5 years is close to 34% of 14 years.
That number is more reasonable; given that they're assuming 5-year loans, and the average car in the U.S. lasts 14 years. 5 years is close to 34% of 14 years.