With an average U.S. new-vehicle selling price of just over $45,000 last month, many can’t afford to buy new — even though prices are down more than $2,000 from the peak in December of 2022, according to J.D. Power.
  • TrumpetX@programming.devEnglish
    1·
    6 months ago

    Macroeconomically, it’s not wasteful because cars find new life in resale. It’s definitely wasteful to your pocketbook to get a new car every 5 years.