![Brits are paying £1BILLION every month on car finance – and the motors cost 47 per cent more than we can afford to buy | The Sun Brits are paying £1BILLION every month on car finance – and the motors cost 47 per cent more than we can afford to buy | The Sun](https://www.thesun.co.uk/wp-content/uploads/2018/07/Capture30-e1532600189750.png?strip=all&w=556)
Brits are paying £1BILLION every month on car finance – and the motors cost 47 per cent more than we can afford to buy | The Sun
![SOLUTION: You can afford a $250 per month car payment. You've found a 5 year loan at 7% interest. How big of a loan can you afford? SOLUTION: You can afford a $250 per month car payment. You've found a 5 year loan at 7% interest. How big of a loan can you afford?](http://theo.x10hosting.com/2019/022601.jpg)
SOLUTION: You can afford a $250 per month car payment. You've found a 5 year loan at 7% interest. How big of a loan can you afford?
![Monthly car loan payments hit all-time high with those paying $1,000 a month DOUBLING in a year - New York Daily Paper Monthly car loan payments hit all-time high with those paying $1,000 a month DOUBLING in a year - New York Daily Paper](https://nydailypaper.com/wp-content/uploads/2022/07/1657437774_251_Monthly-car-loan-payments-hit-all-time-high-with-those-paying.jpg)