Owning A New Car Becoming A Fantasy For Millions Of Americans Making Under $100K – CarScoops

  • Home
  • Global
  • Owning A New Car Becoming A Fantasy For Millions Of Americans Making Under $100K – CarScoops

The pandemic price bump means that 60% of American households and 82% of individuals can’t really afford the average new vehicle

January 20, 2024 at 08:58

The staggering rate of inflation, growing new car prices, and the shrinking supply of affordable vehicles mean that the dream of owning a vehicle is not an affordable one for the majority of Americans.

Since 2020, prices of both new and used vehicles have grown substantially. For vehicles rolling off the assembly…

Continue reading this news update.

Comments are closed