You do realize this was propaganda? It’s from Yahoo. The underlying seed that is planted is a false fear of an approaching recession. Get it?
We were in several new car dealerships over the weekend.
The prices are insane; just your average sedan, regardless of make, is +30G’s.
THEN YOU ADD THE DEALER’S CRAP CHARGES ON TOP OF THAT.
When you add full coverage insurance costs on top of a huge car payment then it’s totally unaffordable by the average consumer who makes less than $50k.
And leasing is crazy, too. 30k miles for 3 years lease and a huge charge for any mile over that, plus you have to use the dealer for all maintenance, at your cost.................