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Why buying a #car got so EXPENSIVE Today, up to 1 MILLION #Americans are effectively SHUT OUT of the market for new cars and light trucks. The average cost of a new vehicle is around $50,000, up roughly 20% from just four years ago. To compound things, **used car prices are also near record highs**, **averaging about $32,000 for a three-year-old vehicle** What’s going on? The long-term decline in vehicle affordability is the result of POOR #government policy, COSTLY #union contracts, macroeconomic pressures, and changing consumer preferences. https://washingtonexaminer.com/opinion/4589473/why-buying-a-car-got-so-expensive/

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