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Why Cheap Cars Are Disappearing

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Wise Phenomenal
Wise Phenomenal
25 Dec 2020

There are about 40 different car brands in the United States, but one kind of car that appears to be disappearing is the cheap car. Historically, about 20 percent of vehicle sales would have transacted below $20,000; however, they have completely dried up in the last few years. New cars are becoming more expensive, and it is unlikely those cheap cars will ever be back.

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Why Cheap Cars Are Disappearing

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