Americans Can't Afford New Cars Anymore

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"The Minority Mindset has nothing to do with the way you look. It's the mindset of thinking differently than the majority of people" ~Jaspreet Singh

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[sponkmcdonk]

that’s why people are quitting society. why work if you net zero

[dfv]

Higher prices and higher interest rates is a double whammy

[SaltwaterRebellion]

My husband's truck is 24 years old and mine is 19 years old now 😅

[shahrammaleki]

I've not seen a used car that was worth the money anymore. More than half the car is used up and it cost more than half of new. That's not a saving at all.

[xeqwpob]

Dude just repair the Solara if it's cosmetic it's gonna keep going

[DiscipleofChrist]

"You will own nothing and you will be happy." Klaus Schwab (WEF)

This is all a part of that. Including buying and owning a home, purposefully tanking our economy etc.

[AfghanSam]

I’ve been driving a 2005 Honda CRV for 16 years straight. Best car ever! 😂

[TFTO]

I'm not so sure. I say nearly every day 'I don't know what people are doing for a living', since it seems to me that the vast majority of cars on the road are newer higher end models.

[RamonHart-omxx]

By bit swaps are glitched, when you are exchanging you get sent like x10
I just made a video to show that

[MegaeffinGarchomp]

To be fair, Toyota corollas aren't cheap either. For 8000 dollars, you can maybe find one that is 20 years old and has miles on it. Will probably get the job done, but you may not be using it long.

[astro]

As a Prior Construction Superintendent for many years….. the amount of guys that came in and were making $20 an hr, yet driving $100k Trucks was crazy. The employees had nicer Trucks than the owners yet none of them could afford to go out to eat. Not to mention they all lived in Apartments…. How do you have a $100k Truck and live in Hood ass Apartments, talk about priorities 😂

[belalberry]

I have 237000 mile on my Acura TSX 2005 and i’m happy with it.

[AmericanRefugee]

Things will never be the same. Standard of living is decreasing. The way of the Roman Empire.

[markingli]

the entire auto industry is just in the beginning of the pain coming to it.✌

[rickm]

My 2010 RAV4 V6 has 190k miles. It’s good for several more years.

[FloydThePink]

Never ever pay for a car with cash. The dealer usually gets a rebate from the lender if you accept a high interest rate. If the dealer knows they are not getting this rebate, they wont lower the price as much. So make sure there is no pre payment penalty then pay the loan off after a month or two when the 1st payment is due, then pay the whole thing off.

[leaver]

Its about time the prices correct and then some !!!

[Buckdeer]

Imagine the mindset of not trying to be the Jones’s. How humiliating 😂

[papasquat]

Car prices were manipulated upward to make the price on an EV more "normal". The problem is that income has not moved up nearly as much.