As Auto Industry Recovers, Car Prices Out of Reach for Many

For most Americans, affording a car is far more difficult now than it was before the COVID-19 pandemic, and it’s not getting much easier. The U.S. automotive market is returning to normalcy after years of supply chain issues, depressed demand for new cars, and low vehicle inventories. However, a new or used car is often too expensive for Americans who are already battling inflation that’s making financial decisions more difficult than they were a few years ago. “Cars are not nearly as affordable today as they were five years ago,” Karl Brauer, an executive analyst at car search engine and price aggregation service iSeeCars.com, told The Epoch Times....