Blaze (he/him)@lemmy.zip to Personal Finance@lemmy.mlEnglish · 2 years ago

Americans can no longer afford their cars

www.newsweek.com

cross-posted to:
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Americans can no longer afford their cars

www.newsweek.com

Blaze (he/him)@lemmy.zip to Personal Finance@lemmy.mlEnglish · 2 years ago

cross-posted to:
[email protected]

Just 10% of new car listings are currently priced below the $30,000 mark, after years of price increases have made vehicles unaffordable to millions.

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Most American companies have ceased production of small cars in favor of giant trucks and SUVs.
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