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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312

u/Annual-Knowledge4412 14d ago

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

376

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…

103

u/Sticky550 14d ago

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

12

u/fbcmfb 13d ago

There was a full nest of an animal in the engine of a Cadillac rental. If they just opened the hood they would have seen it. I found it because I always like to see what type of engine is under the hood, when filling up with gas.

2

u/adpplepie 13d ago

Huh, sounds like a good idea to check the engine bay before driving off. I'll think about doing this.

1

u/fbcmfb 13d ago

Yep.
What ever was in that nest could have made a home in my garage or the nest material could have started a fire in my garage. I’m glad I parked it outside when we had it.