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Considering the average transaction price of a new car is $39k now, $35k is right in line with what the market can bear.
by kenhwang 6y ago
Considering the average transaction price of a new car is $39k now, $35k is right in line with what the market can bear.
- RhysU 6y agoThat's the average new car that people can buy. I assure you there would be demand below that number.
- kenhwang 6y agoI doubt it with multiple large manufacturers discontinuing cheaper cars and continuing to push up market. If there was a market for cheaper cars, there wasn't enough demand to be sustainable. Lightly used cars have become far better value than new cheap cars.