The Last New Car Under $20K: Americans' Limited Choices
TL;DR
The Mitsubishi Mirage is now the only new vehicle available in the US with an average sale price under $20,000, as prices of new and used cars have soared since the pandemic. With Americans increasingly preferring SUVs and trucks over small cars, the Mirage remains an affordable option, selling for an average of $19,205 last month. However, the Mirage may not be available in the next few years, as Mitsubishi is reportedly planning to stop selling it by mid-decade.
- Americans' choices for a new car that costs under $20k dwindle down to one Fox Business
- Average new car cost in U.S. up to $48,000, only one model selling for less than $20,000 CBS News
- There's only 1 model of car left that you can get brand new for under $20,000 WBNG
- There’s only one new car still selling for under $20K NewsNation Now
- Only a few cars in America are selling for less than $20,000 Autoblog
- View Full Coverage on Google News
Want the full story? Read the original reporting
Read on Fox Business