Limited Options Available for Budget-Conscious Consumers in Car Market
Thursday, 25 April 2024, 18:06
Challenges for Budget-Conscious Consumers
Half of U.S. households are struggling to afford a car payment of $400 in the current market, with limited options available for both new and used vehicles.
Underserved Market Segment
The large number of buyers seeking low-cost, entry-level vehicles are finding themselves with scarce options, reflecting the challenges in the current market environment.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.