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Money and Finances
Reply to "WaPo -- New cars out of reach for many"
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[quote=Anonymous]PP’s point about the market needing to adjust is probably right. With interest rates so low even middle class folks were buying fancy cars so that’s what the manufacturers are making as that is what has sold over the past few years. Remember Saturn? They jumped into the market in the late 80s or early 90s to fulfill a need for entry level reliable cars (then got bought by GM and would down as that demand evaporared). Sadly this is a market that does not adjust quickly due to how the parts and assembly plants work.[/quote]
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