News@lemmy.worldEnglish · 1 year ago

Americans can no longer afford their cars

www.newsweek.com

cross-posted to:
personalfinance@lemmy.ml

386

Americans can no longer afford their cars

www.newsweek.com

Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 1 year ago

cross-posted to:
personalfinance@lemmy.ml

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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projectsquared@lemmy.world
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1 year ago
190k miles and I feel the same about what my next purchase will be like. Bought this current car when it was 11 years old and had 75k on it. I can sell it now for as much as I paid for it in 2016.

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