Rising Prices and High Interest Rates Are Making Car Ownership Feel Impossible

https://archive.is/mVsa7

Rising vehicle prices, auto loan interest rates, and insurance and maintenance costs are making it harder for people to buy or keep cars.

Imperial rag: https://www.nytimes.com/2026/03/16/business/car-ownership-prices-interest-rates.html

43 points · 7 comments · view on lemmy.world

7 Comments

neon_nova@lemmy.dbzer0.com · 19 pts · 174d (4 replies)

First it was the houses, then it was the cars, next it will be the computers.

MrMakabar@slrpnk.net · 9 pts · 174d

Wealth inequality strikes again.

Tlf@feddit.org · 5 pts · 174d (2 replies)

Just compute it in the cloud, no need for your own hardware. It's only 9€ per month, sorry 48€, which actually means 58€?

Subscriptions to essentials of modern life should not be a thing. It's a bad business model.

Korhaka@sopuli.xyz · 1 pts · 174d

I would rather replace my PC with a raspberry pi.

jacksilver@lemmy.world · 1 pts · 174d

I always tell the places I work they'd end up saving money buying a server or two for R&D then having people run machines in the cloud.

There is obviously a point where scaling/maintaining it becomes less worthwhile, but for small teams/projects the cloud is a rip off.

Korhaka@sopuli.xyz · 7 pts · 174d

And not having a car now can save you even more money!

LemmyKnowsBest@lemmy.world · 1 pts · 173d

Yeah the price of new cars nowadays is the same price as a whole damn four-bedroom house used to cost.