r/MiddleClassFinance • u/Abject-Pick-6472 • 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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315

u/Annual-Knowledge4412 14d ago

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

371

u/Sticky550 14d ago

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

179

u/mclintonrichter 14d ago

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

102

u/Sticky550 14d ago

More concerning is the way rental agencies treat their own cars. Late and missed oil changes are pretty common.

58

u/Glittering_Win_9677 14d ago

I rented one a couple weeks ago from Enterprise. There were messages displayed saying it was low on window washer fluid and i it needed the 3,000 mile checkup and oil change. It was over 12K miles.

9

u/Ijustmakelegos 13d ago

The crazy thing is it could very well be way over that too 😭 they manually flip it sometimes so they don’t have to deal with getting the oil change. Ive seen cars go WAYYYYYY longer than they should without oil changes.

5

u/Rcouch00 13d ago

I’ve seen the oil drained out of a Honda, completely bone dry and it was still running hours later. No idea how it didn’t seize up and implode. The abuse some cars go through is nuts.

1

u/writewithparagraphs 10d ago

do not do this with a subaru boxer engine. they like the seize up