The End of Affordable Cars: Rising Auto Prices in America

1 min read
Source: PBS NewsHour
The End of Affordable Cars: Rising Auto Prices in America
Photo: PBS NewsHour
TL;DR Summary

The average price of cars in America has been increasing in recent years, and rising interest rates are further impacting buyers. Gen Z and millennials are particularly affected, with over $20 billion in auto loans more than 90 days overdue in 2022.

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