With an average U.S. new-vehicle selling price of just over $45,000 last month, many can’t afford to buy new — even though prices are down more than $2,000 from the peak in December of 2022, according to J.D. Power.
  • Dagwood222@lemm.ee
    29·
    2 years ago

    In 1960, if you told people that you drove a 10 year old car and needed two incomes to keep your family going, you’d be considered poor.

    Of course, in those days, an executive who made ten times as much as his employees was considered vastly wealthy.