Yeah, I saw that buttwipe.
But an “Average American” out of his twenties CAN afford a new car. Just not a FANCY new car. Just like has always been true.
Average Americans can buy very good, reliable new cars at a good price. Many CHOOSE to spend more on upgraded cars, which drives the “average price” up. But so what?
Try reading posts before responding.
But you tried to put your spin on it anyway, didn't ya Mr. Rogers? And I thought Mr. Rogers was a nice guy...You seem so angry. Cheer up Mr. Rogers! It's a wonderful day in the neighborhood!
And they're not talking about "FANCY" cars as you suggested, they're talking the "average" priced cars.
It's about average Americans, and averaged priced cars. This is not complex.
Bankrate.com finds that people living in 24 of the 25 largest metropolitan areas in the US cannot afford the average price of new cars, which was $33,000 in May according to Kelly Blue Book. In six of those cities, people struggle to afford cars cost half that much.