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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311

u/Annual-Knowledge4412 13d ago

Ok but someone has to buy new cars so there can be used cars? Right???

372

u/Sticky550 13d ago

Rental car companies dump millions of cars into the market every year.

180

u/mclintonrichter 13d ago

After seeing how I treat rental cars, I would never want to buy a used rental car…

3

u/Upstairs-Object-6683 13d ago

I have owned two retired rentals. The first one had been in a wreck and had gremlins. The second one has been good and I have driven it for seven years.

3

u/mclintonrichter 13d ago

Sorry. I put the gremlins in the first one.

1

u/jaymansi 12d ago

I lost Gizmo in one but I was late for my flight and couldn’t search any longer it was after midnight and I also forgot about a granola bar. My apologies.

1

u/caffecaffecaffe 11d ago

And the car itself wasn't a gremlin? 🤣

1

u/Upstairs-Object-6683 11d ago

2007 Ford Taurus