Comment on There’s now only one car model that costs less than $20,000 new—and it’s about to go away

There’s now only one car model that costs less than $20,000 new—and it’s about to go away

That average cost of a new car is now $48,000, 25% more than before the pandemic. And now the low-cost Mitsubishi Mirage is headed for the scrap yard. DETROIT (AP) — Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000.

 

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