Unfortunately, the decrease in supply of budget cars hurts people buying used cars as well for two reasons: 1. With less people able to afford new cars it incr

Unfortunately, the decrease in supply of budget cars hurts people buying used cars as well for two reasons: 1. With less people able to afford new cars it increases demand for used cars, which pushes up the price 2. There will be less budget cars that eventually end up in the used car market, and the increased price of new cars will trickle through to used cars