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The Affordable Car Is About to Go Extinct in the US

Wired
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78% Informative

The average price of a new car in the US is close to $50,000 , up some $5,000 from two decades ago .

Auto tariffs applied by the Trump administration this week may effectively put a stake in the American affordable car, experts say.

Among the biggest losers will likely be the country’s most price-sensitive buyers, for whom a higher sticker price means waiting to trade in their old car.

Regardless of what kind of car buyers are looking for, analysts say the tariffs make one thing very clear. “We’re predicting that all vehicles will rise in cost,” says Keating ..

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