Cars are too expensive. The average transaction price of a new vehicle is hovering in the $34,000 range, which is actually down from the all-time record of $35,309 set in December 2016 according to Kelley Blue Book. You’ll probably get more out of a new car than a year or two of college, but still, it’s a lot of money.
We can’t blame automakers. We’re the ones opting for bigger vehicles and expecting efficient powertrains, cozy interiors, advanced safety features and some reasonable degree of connectivity.
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