By Metro East Sun |
Dec 11, 2023
The days of purchasing a brand new vehicle for under $20,000 in the United States are dwindling. The average price of a new vehicle has skyrocketed to over $48,000, marking a significant 25 percent increase since the beginning of the COVID-19 pandemic in March 2020. Surprisingly, only one vehicle, the Mitsubishi Mirage, is currently available for less than $20,000. However, sales of the Mirage have been lackluster, experiencing a decline of 44 percent this year. There are even rumors suggesting that Mitsubishi may cease selling the Mirage by the mid-2020s.The most...