The average cost of a new car in America is now over $32,000. The average American household income is about $51,000. That means the day has finally come that the average American family can’t afford the average American new car.
That, friends, is a problem.
Why are cars getting so expensive? I remember shopping for new cars just 10 years ago and looking in the mid-$20,000 range for a decent family hauler. A car over $32K was simply excessive. In our modern times, though, excessive has become the new normal, and nothing good can come of that.
There’s a simple solution, of course, if you want to buck the system and tell the makers of new cars that you’ve had enough. Continue reading >>>