Auto loan payments are becoming the new mortgage. The percentage of US consumers paying at least $1,000 a month for their cars accounted for almost 16% of consumers who financed a new car in Q4, up from 10.5% a year earlier. #CoSoFinance Source is http://Edmunds.com, but the story is on Bloomberg. https://www.bloomberg.com/news/articles/2023-01-05/car-owners-strain-as-more-loan-payments-soar-to-1-000-a-month