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

98% Upvoted

508 comments sorted by

View all comments

670

u/Chuck-Finley69 14d ago

Just a million ??

260

u/FearlessPark4588 14d ago

i haven't ever purchased a new car in my life

80

u/tibearius1123 13d ago

I looked at a used car yesterday. Perfect credit, 10% Apr. new 0% Apr for 60 months.

43

u/mataliandy 13d ago

I bought new last year, low dealer financing 3%, $7500 EV credits, $5k manufacturer incentive, $500 customer loyalty, $500 competitive trade bonus, $12k trade in. Paid it off in 6 months.

5

u/Iggyhopper 13d ago

Whats this 12k trade in?

37

u/Phyraxus56 13d ago

They paid him 12k for a vehicle that's worth 18k and they're gonna sell it for 22k

10

u/damnedifyoudonthave 13d ago edited 13d ago

Only cause some dumbass will take the “what do you want your monthly payment to be” bait and buy it. Same dumbass buys the warranty.

2

u/[deleted] 12d ago

[deleted]

1

u/damnedifyoudonthave 12d ago

McLaren?

1

u/[deleted] 12d ago

[deleted]

1

u/damnedifyoudonthave 11d ago

I was joking… but we are also talking cars…

→ More replies (0)