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Car payments are hitting record highs thanks to inflation. Find out how to lower your car payment or deal with negative car equity. UfaBizPhoto / Shutterstock.com
Editor’s Note: This story originally appeared on The Penny Hoarder. You know inflation is bad when your monthly car payment hits a thousand bucks. For an increasing number of drivers, that’s the reality. A record number of Americans are paying at least $1,000 a month for their vehicles, according to new findings from the auto inventory site Edmunds. Nearly 16% of car buyers who financed a new…