quote: Why don't they make vehicles like that anymore, just plain and simple.
quote: Please tell me, where are these "expensive" vehicles you're talking about?
quote: The standard length of car loans — once four years, then five — has been creeping up for some time. Extended terms are gaining traction in an era when cars last longer and have better warranties. Automakers have marketed the long loans aggressively, persuading some buyers to move up to pricier models they couldn’t otherwise afford. The median-priced new car now costs $28,555, according to Kelley Blue Book. “Someone who really has the budget for a Corolla figures if they extend the financing out, they can buy a Camry,” said James Lentz, chief executive of Toyota Motor Corp.’s North American division.
quote: If you think the automakers are just arbitrarily raising prices you're living in a dream world. Quite frankly, I'd be VERY surprised if that was your viewpoint.
quote: In the grand scheme of things, $20,000 for a brand new car is pretty reasonable in today's dollars. If people can't afford to buy a brand new car, there's always the used car market.People need to learn how to live within their means. If you have a ton of financial obligations, buying a brand new car is probably not in your best interests.
quote: The real issue is our reliance on economic policies that have completely demolished our middle/working class.
quote: A side note, if you have a household income of $90k a year or more, statistically, your income will continue to increase.