Car Market COLLAPSE: Why New Cars Are Out of Reach for Most Americans!

 The car market is spiraling, and we're diving deep into the reasons why. From post-pandemic inventory shortages to skyrocketing prices, the market is in turmoil. The average new car now costs $48,000, with auto loan rates over 7%—no wonder repossessions are up 23%! Plus, high mortgage rates are making homeownership tough, leaving many hesitant to buy new cars. We'll explore how economic uncertainty and rising costs are driving this trend. Before we dive in, hit subscribe, like, and share for more insights! Let’s break it down.Link to the featured video:https://youtu.be/PoX1zbA-Eas?si=RInrwlRWBtq1HVsSGrab a copy of my book:https://partsmanagerpro.gumroad.com/l/qtqax"The Parts Manager Guide" - https://www.amazon.com/Parts-Manager-Guide-Strategies-Maximize-ebook/dp/B09S23HQ1P/ref=sr_1_4?crid=3UZYOGZJUNJ9K&keywords=parts+manager+guide&qid=1644443157&sprefix=parts+manager+guid%2Caps%2C244&sr=8-4Please remember to like, share and leave your comments.Videos are uploaded weekly.Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. No copyright infringement intended. ALL RIGHTS BELONG TO THEIR RESPECTIVE OWNERS*This video is for educational and entertainment purposes only.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-motor-files-podcast--4960744/support.