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Record number of people are making monthly payments of $1,000 or more for their cars

To decrease monthly payments, car site Edmunds shares that more people are choosing seven-year loan terms. But that may not always be the best idea. How much are you willing to spend on a new ride?

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WPTV-TV

Record number of people are making monthly payments of $1,000 or more for their cars

How much are you willing to spend on a new ride? According to the car shopping site Edmunds, the amount of people paying more than $1,000 monthly for a new vehicle has reached record highs. Edmunds ...