This is true.. That is why leasing is best. If you can stay under milage of course. Cars are not and investment.. They are billsI feel like banks, auto makers, etc, everyone tied to the industry really are targeting people to get into the auto purchasing game permanently vs owning your own quickly and not owing anything to anyone.
They want you to always have a car payment, how it’s managed by the consumer is dependent on what his or her personal goals are.
That’s why they’ll do things like auto loans for more than 7 years and it’ll (the cars) be marketed to look affordable while really being costly.