US automakers have little competition due to import tariffs. They’ve reduced production and increased prices to what the market will accept. Long term auto loans are the only solution for consumers who cannot afford cars at these price levels. It’s an extraction machine for those trapped in the US who need a car.
US automakers have little competition due to import tariffs. They’ve reduced production and increased prices to what the market will accept. Long term auto loans are the only solution for consumers who cannot afford cars at these price levels. It’s an extraction machine for those trapped in the US who need a car.