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January 10, 2022

$29,000 for an average used car? Would-be buyers are aghast

  • Prices have soared so high, so fast, that some are being priced out of the market.
  • By TOM KRISHER
    AP Auto Writer

    iStock photo
    The days when just about anyone with a steady income could snag a reliable late-model car or buy their kid’s first vehicle for a few thousand dollars have essentially vanished.

    DETROIT — A couple of months ago, a woman paid a visit to Jeff Schrier's used car lot in Omaha, Nebraska. She was on a tight budget, she said, and was desperate for a vehicle to commute to work.


     
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