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If you spend any amount of time perusing new car prices in the United States, it should be pretty clear that typical prices for economy sedan cars are around $2
by argonaut 7y ago
If you spend any amount of time perusing new car prices in the United States, it should be pretty clear that typical prices for economy sedan cars are around $22k-$30k, with $30k and more typically being the higher tier trims of economy sedan car models.
So $40k is clearly not the right comparison. And it should be pretty obvious why that average is misleadingly high: it includes pickup trucks, minivans, vans, SUVs, and sports cars.