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If you think finding a affordable new car is hard, wait until you check the used market!
In today’s episode of The AutoGuide Show, host Colum Wood sits down with Karl Brauer from iSeeCars.com to break down a shocking new study: used cars under $20,000 are rapidly disappearing. Just a few years ago, a $20,000 budget gave you access to roughly half of the 1-to-5-year-old used car market. Today? That number has plummeted to just 11.4%.
Karl walks us through the exact data behind rising 3-year-old vehicle prices, why popular sedans like the Hyundai Elantra and Toyota Camry saw double-digit price spikes, why luxury icons like the Porsche 911 and G-Class are skyrocketing, and how the "Disneyland Rule" applies to modern automotive pricing. Learn more about your ad choices. Visit megaphone.fm/adchoices
