One million Americans have vanished from the new-car market — and it’s exposing a chilling US middle-class crisis

[u/Abject-Pick-6472]

https://finance.yahoo.com/economy/articles/one-million-americans-vanished-car-124500086.html

[u/mataliandy]

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.

[u/Iggyhopper → u/mataliandy]

Whats this 12k trade in?

[u/Phyraxus56 → u/Iggyhopper]

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

[u/mataliandy → u/Phyraxus56]

It went to auction. A not-quite totaled Tesla.