The $20,000 new vehicle has all but disappeared, accounting for just 0.2% of new-vehicle sales in 2025, according to Edmunds.

Pandemic-era shortages are still pushing up used car prices, and automakers learned lessons from that time that stands to keep supply tight ...

Gone are the days when you could walk into a dealership with $20,000 and buy a new car. Even getting one under $25,000 is iffy, a new report says.

Buying a new car in America is starting to look like a luxury fewer and fewer can afford. While showrooms still have foot traffic, the type of buyer walking through the door has changed, and it’s no ...

Forbes contributors publish independent expert analyses and insights. Jim Gorzelany is a veteran automotive journalist. The Mazda MX-30 is currently leasing for $199 per month, with deals like this ...

Auto sales are projected to decline to 15.8 million vehicles in 2026 — the first annual drop since 2022 — as high prices deter middle-class buyers. New-car sales have soared 45% among high-income ...

High new-car prices are deterring middle-income buyers, slowing expected sales growth. Sales have increased among affluent households, but plunged for families earning $75,000 or less. Average monthly ...

New car sales bottomed out in 2022, the peak year of COVID-19-era shortages that hobbled assembly lines. Now, that slow year for new cars is coming back to haunt used car shoppers. The three-year-old ...