Car Market COLLAPSE: Why New Cars Are Out of Reach for Most Americans!

3 months ago
16

The car market is spiraling, and we're diving deep into the reasons why. From post-pandemic inventory shortages to skyrocketing prices, the market is in turmoil. The average new car now costs $48,000, with auto loan rates over 7%—no wonder repossessions are up 23%! Plus, high mortgage rates are making homeownership tough, leaving many hesitant to buy new cars. We'll explore how economic uncertainty and rising costs are driving this trend. Before we dive in, hit subscribe, like, and share for more insights! Let’s break it down.

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