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A comment on Americans can no longer afford their cars.

Re:Americans can no longer afford their cars by taylodl on Monday January 15, 2024 @04:23PM (#39006276)
FTA: "In November 2019, the average transaction price for a new vehicle was $38,500."

Let's be real, that was unaffordable to most Americans at the time. But, people are also buying what they want, not what they need. You need basic transportation? A used Honda Civic is a great bet. There are lots of used ones, less than 5 years old and many with fewer than 30K miles, available in my area for under $20K.

[ Parent | on HN ]
Re:Americans can no longer afford their cars by chrismcb on Tuesday January 16, 2024 @12:36AM (#39009865)
Was that hungry really accurate? I bought my last car in 2019 and it was 35k, cheaper than a luxury car but more expensive than the average car. I won't what the median price was? And is that price what people were spending, or the average price of cars that were available?
[ Parent | on HN ]