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Blaze@lemmy.zip to Personal Finance@lemmy.mlEnglish · 1 year ago

Americans can no longer afford their cars

www.newsweek.com

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Americans can no longer afford their cars

www.newsweek.com

Blaze@lemmy.zip to Personal Finance@lemmy.mlEnglish · 1 year ago
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Just 10% of new car listings are currently priced below the $30,000 mark, after years of price increases have made vehicles unaffordable to millions.
  • AlternatePersonMan@lemmy.world
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    1 year ago

    Right? The mid size truck is now the size of a full size from 15 years ago.

    • SpeakinTelnet@programming.dev
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      1 year ago

      Had an 84 Toyota pickup, can confirm that thing would be classified as a compact car nowadays. Funny thing, it had a longer bed than many current full size truck.

    • CADmonkey@lemmy.world
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      1 year ago

      I have this weird little vehicle from the 1980’s. I can best describe it as a Japanese Jeep. It wasn’t ever a “big” vehicle, but seeing it next to a modern truck is jarring.

      The best part is, I know from direct repeated personal experience that the 60 horsepower 4wd can go more places than a typical 4wd truck.

      EDIT: Also, the truck in this picture is a 2004-2008, a 2023 is even bigger…

      • TheButtonJustSpins@infosec.pub
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        1 year ago

        That’s super cute

      • Warp10Lizard@startrek.website
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        11 months ago

        That thing is cool AF.

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