Its official - 60% of households and 82% of singles can't afford a new car.

We have all lamented on the crazy prices of cars in the last few years. Seems Newsweek has made it official.

"60 percent of American households currently cannot afford to buy a new car, based on Census data. For individuals, the numbers are even worse, with 82 percent of people"

Also -

"Since 2020, new car prices have risen by 30 percent, ... Within the same timeframe, used car prices have jumped by 38 percent."

They also comment on how car makers are no longer making...

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