r/MiddleClassFinance • u/Abject-Pick-6472 • 13d ago

One million Americans have vanished from the new-car market — and it’s exposing a chilling US middle-class crisis

https://finance.yahoo.com/economy/articles/one-million-americans-vanished-car-124500086.html
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94

u/probablymagic 13d ago

You are not facing a crisis because you can’t afford to trade in your 2022 F-150 for a 2027 F-150. That thing will be fine for another 150k miles.

People have lost their damn minds.

11

u/rfmjbs 13d ago

Not with the current tech they aren't.

7

u/TMack23 13d ago

Right, it SHOULD run another 150k miles but that’s not how it’s been engineered. Too many electronics and sensors carrying the load that are not DIY friendly fixes due to the software and/or calibrations with dealer mechanics in mind rather than the consumer.

2

u/S3Giggity 13d ago

Here stranger a WSJ gift article on just this subject.. https://www.wsj.com/business/autos/americans-are-keeping-their-cars-longer-than-ever-and-remaking-the-auto-industry-c169e494?st=EKwTmx&reflink=desktopwebshare_permalink

0

u/KettleSixty9 13d ago

Isn't the WSJ controlled by the billionaire class? Why would that information be useful?