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Looking for a new car under $20,000? Good luck. Your choice has dwindled to just one vehicle (apnews.com)

submitted 1 year ago by [email protected] to c/news

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At a time when Americans increasingly want pricey SUVs and trucks rather than small cars, the Mirage remains the lone new vehicle whose average sale price is under 20 grand — a figure that once marked a kind of unofficial threshold of affordability. With prices — new and used — having soared since the pandemic, $20,000 is no longer much of a starting point for a new car.

This current version of the Mirage, which reached U.S. dealerships a decade ago, sold for an average of $19,205 last month, according to data from Cox Automotive. (Though a few other new models have starting prices under $20,000, their actual purchase prices, with options and shipping, exceed that figure.)

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[–] [email protected] 1 points 1 year ago

I've been waiting for aptera, but I think my current vehicle will finish falling apart before they finally come out. I'm going to look for a battery replacement on a bolt.

Leasing is terrible, I'll pay much much more over the lifetime of the vehicle. I can afford the money, I just don't want anything expensive or fancy.