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…
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