Fewer than 3% of cars sold in the U.S. have manual transmissions

Re:Fewer than 3% of cars sold in the U.S. have manual transm... by attilak on Thursday November 17, 2016 @02:58AM (#12975352)

Meanwhile in Eastern Europe people still can't afford a car with automatic transmission...

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Re:Fewer than 3% of cars sold in the U.S. have manual transm... by imjustsaying on Thursday November 17, 2016 @03:03AM (#12975384)

Don't be misled; many in America can't afford any kind of car. Even many who have them go into perpetual debt to do so.

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Re:Fewer than 3% of cars sold in the U.S. have manual transm... by nommm-nommm on Thursday November 17, 2016 @09:47AM (#12977838)

8 year (96 month) car loans are becoming a "thing" in America. Sure, a car that's cost more than your yearly salary looks "affordable" if you only look at the monthly payments and you can manipulate those payments by stretching out the loan forever. I believe 30 year mortgages being "standard" are also kinda a scam[1] for this reason.

Basically the idea everyone having many monthly payments is acceptable.

When I bought my car I did finance it but on my own payment schedule because apparently the dealer didn't offer 12 month financing.

[1] I'm using "scam" broadly I don't think it's a real scam in the literal sense of the word but I can't think of another word. Misleading?

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Re:Fewer than 3% of cars sold in the U.S. have manual transm... by fnj on Thursday November 17, 2016 @02:57PM (#12980865)

The difference is that you can get an honest 3.5% fixed APR on a 30 year mortgage, but nothing close to that for a car loan, unless it is a subsidized scam.

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Re:Fewer than 3% of cars sold in the U.S. have manual transm... by nommm-nommm on Friday November 18, 2016 @07:23AM (#12986229)

Where? In the United States if you have great credit you can get a car loan for under 2% APR in the US for a new car. Under 4% for a used car.

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