• SolacefromSilence@fedia.io
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    22 days ago

    The big beautiful bill added an item to allow new cars bought in 2025/26/27/28 to have the interest deducted from your gross income.

    This won’t save people much, but it’s just going to reinforce the trend. I expect car prices to go up because of this.

    • brewery@feddit.uk
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      22 days ago

      Seriously? I’m almost impressed with how they’re managing to help richer people out, encourage unnecessary consumerism and hurt the environment in so many ways that the average person can not understand or keep up with

    • Caveman@lemmy.world
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      20 days ago

      What the actual fuck. Just redistribute the money like a normal person instead of creating subsidies for things with negative externalities.

  • DigDoug@lemmy.world
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    21 days ago

    Are movies and TV shows really accurate when it comes to American attitudes towards cars? I remember watching something where a character lamented how old their 5-year-old car was. This simply does not compute to me. My mortgage is less than the equivalent of $1000 USD a month - I’d much rather have an “old” car.

    • DrunkEngineer@lemmy.world
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      21 days ago

      The auto industry spends $30+ billion per year on advertising. Some of that takes the form of product-placement in TV/movies.

  • twinnie@feddit.uk
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    22 days ago

    It seems really normalised in America to get a brand new car on a loan as soon as your existing one has run out. I’ve bought every car I’ve owned with cash and I’ve never struggled.

    • GrumpyDuckling@sh.itjust.works
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      22 days ago

      I’m well over 200k on a car I bought in 2016 with 100k. Currently replacing the compressor because it decided to shit the bed during a heat wave. There’s no point in buying a new car, people just want new cars.

  • gizmonicus@sh.itjust.works
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    20 days ago

    I bought a car in 2003. Hopefully, that will also be the last car I buy. “BuT rEpAiRs ArE eXpEnSiVe!!1” See above. Also, when your infotainment system takes a shit and makes it so you can’t use your AC anymore, let me know how that goes.