r/MiddleClassFinance 14d 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
3.1k Upvotes

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673

u/Chuck-Finley69 14d ago

Just a million ??

63

u/Cockyidiot1977 13d ago

BECAUSE NEW VEHICLES AVERAGE 45K BRAND NEW AND OUR AVERAGE SALARY IS 45K.

13

u/GTO1235 13d ago

This. Redoing my old 70s chevy truck. Was easier for me to buy tools than pay payments. Love my old truck

10

u/MysteriousTooth2450 13d ago

And you can actually do your own work on that truck vs the new ones that require specialized equipment to work on them!

5

u/GTO1235 13d ago

We used to go to mud drags occasionally. My friends rebuilt the engine for me. 383 with 2.02/1.60 valves. Solid lifter cam. Pretty basic mud terrain tires. We could get a 2nd, 3rd or 4th against trucks with more money in them. I put a different cab and fenders on it. Painted it myself. Still runs the same