Seven Years!!

I heard on the news this morning that you can now finance a car for as long as seven years. Seven years! Can you even imagine having car payments for that long? I can't. I bought my first new car in 1985 when I was 19 years old. It was a Ford Escort and I loved it!My dad co-signed for me, but I was responsible for the payments and insurance. The car was about $7000 and my monthly payments were $169 monthly. Nowadays, you can't buy a new car for less than $18,000. People spend as much on their vehicles these days as we did buying a house in the 70's. It's just crazy!