From the article:
<<<<"Average transportation spending grew more than 12% between 1999 and 2005, according to the U.S. Bureau of Labor Statistics, at a time when median income growth was basically flat. Even when adjusted for inflation, we're spending more: 8.3% more in 2005 than in 1995, with people in the lowest and highest income brackets accelerating their spending the most. <<<<<<<
It's incredible how expensive cars are costing today. I see those same commercials on TV boasting a vehicle costing over 40K -50K! Who's buying these cars! Seriously. It would take me 25 years of hard savings to come up with 50 thousand dollars.
I guss those commercials really don't expect anyone to have that kind of money so you are expected to take out a costly lease for 7 years, return the car back after 5 years and get a new lease with even higher monthly payments! From what I read, this is quite common. Now you know the motorist is broke!