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The average cost of a new car is $40,184, according to Experian. While this might seem reasonable for upper-middle class earners, many automobile manufacturers are quickly becoming unaffordable.
While Honda’s Odyssey is a reliable and spacious option, with a starting price of nearly $40,000, it has become unaffordable for many middle-class households. Final Take To GO
So, what cars have become too unaffordable for the middle class? Here are the top 4 cars on GOBankingRates’ list. Here are the top 4 cars on GOBankingRates’ list.
Here are five things that, if current trends continue, may become unaffordable for the middle class in less than 10 years. Trending Now: ... 10 New Cars To Avoid Buying in 2025.
Here are eight new cars that are now unaffordable for people using this guideline: 2024 Mercedes-Benz CLE, with a starting MSRP of $57,650 2024 Genesis G80, starting MSRP $55,650
Here are the three biggest costs of car ownership, according to Bureau of Labor Statistics data: Vehicle purchases (net outlay): $5,539 (46% of overall cost) Gas, other fuels, and motor oil ...
However, the 2025 base model starts at $46,300 and can reach around $60,000, making it unaffordable for the middle class. Volvo XC60 The Volvo XC60 is a mid-sized hybrid option that boasts up to ...
Congestion pricing and rising tolls: unexpected ways car ownership may get more expensive. With return-to-office mandates becoming more common, many workers are returning to the daily commute. In ...