Modest-income buyers being priced out of the new-vehicle market

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Millions of Americans are feeling increasingly priced out of the new-vehicle market. Instead, they are competing for a shrunken supply of used autos.

Tall cans of AriZona iced tea have cost 99 cents since 1992. The family behind the company says it’s committed to that price even as the prices of aluminum and corn syrup climb higher.

The new-vehicle market is another story entirely. Among all purchases of new autos last month, nearly 79% were trucks and SUVs. A decade ago, that proportion was just 52%. Ivan Drury, a senior manager at the Edmunds.com auto site, has been surprised by the demand among affluent buyers for high-priced new vehicles.

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Same thing in Real Estate, 'modest-income buyers being price out' of residential home buying by investors. Investors driving residential inflation rates too high.

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Modest-income buyers being priced out of new-vehicle marketTwo years after the pandemic tore through the economy, America’s auto market looks something like this: Prices are drastically up. Abbott and Putins fault
Source: ksatnews - 🏆 442. / 53 Read more »

Modest-income buyers being priced out of new-vehicle marketTwo years after the pandemic hit the economy, America’s auto market looks something like this: Prices are up. Supply is down. And gasoline costs drastically more. The result? A widening disparity between the richest buyers and everyone else. Hallo Heute hat das israelische Regime unschuldige und wehrlose Menschen in der Al-Aqsa-Moschee angegriffen. Sie müssen diese Verfolgung bekannt machen. AlAqsaUnderAttack 你好,今天以色列政權雖然建了清真寺,卻傷害了無辜的人民 AlAqsaUnderAttack  こんにちは、パレスチナでの迫害は終わらせなければなりません、黙ってはいけません AlAqsaUnderAttack
Source: AP - 🏆 728. / 51 Read more »

Modest-income buyers being priced out of new-vehicle marketTwo years after the pandemic tore through the economy, America’s auto market looks something like this: Prices are drastically up. Abbott and Putins fault
Source: ksatnews - 🏆 442. / 53 Read more »

Modest-income buyers being priced out of new-vehicle marketTwo years after the pandemic hit the economy, America’s auto market looks something like this: Prices are up. Supply is down. And gasoline costs drastically more. The result? A widening disparity between the richest buyers and everyone else. Hallo Heute hat das israelische Regime unschuldige und wehrlose Menschen in der Al-Aqsa-Moschee angegriffen. Sie müssen diese Verfolgung bekannt machen. AlAqsaUnderAttack 你好,今天以色列政權雖然建了清真寺,卻傷害了無辜的人民 AlAqsaUnderAttack  こんにちは、パレスチナでの迫害は終わらせなければなりません、黙ってはいけません AlAqsaUnderAttack
Source: AP - 🏆 728. / 51 Read more »