4 ms·
It's too late. Budget cars are already gone. We dont need EVs to destroy affordability. It's already happening. Used car prices have already doubled or tripled
by olyjohn 4y ago
It's too late. Budget cars are already gone. We dont need EVs to destroy affordability. It's already happening. Used car prices have already doubled or tripled in the last few years. Do you have $4000 for a used car? That will get you a beater with around 200,000 miles on it. Average new car price is $45,000. That's around $600-800/mo for a car payment. That's not affordable. The manufacturers have all figured out that there's significantly more profit for them though. Why make 20 budget cars when you only need to sell 5 luxury models to make the same profit?
- robertlagrant 4y agoIf you want a car for under $4k with under 60k miles on it, you can get that too[0]. [0] https://www.autotrader.com/cars-for-sale/all-cars/cars-under-4000/holtsville-ny-00501?searchRadius=500&marketExtension=include&maxMileage=60000&isNewSearch=true&showAccelerateBanner=false&sortBy=relevance&numRecords=25 https://www.autotrader.com/cars-for-sale/all-cars/cars-under...