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Mazda Says Gen Zs Are Buying $50K Cars Instead of Houses

AUTO BLOG·May 23 ago·3 min read
Photograph via Auto Blog
RSS SUMMARY · AGGREGATED FROM AUTO BLOG

The bitter reality of today's auto market is that the average new car price has breached a staggering $50,000. Coupled with high interest rates, Edmunds data show that a historic 20% of buyers are now locked into monthly payments of over $1,000. Faced with an unforgiving economic …

The bitter reality of today's auto market is that the average new car price has breached a staggering $50,000. Coupled with high interest rates, Edmunds data show that a historic 20% of buyers are now locked into monthly payments of over $1,000. Faced with an unforgiving economic …

The bitter reality of today's auto market is that the average new car price has breached a staggering $50,000. Coupled with high interest rates, Edmunds data show that a historic 20% of buyers are now locked into monthly payments of over $1,000. Faced with an unforgiving economic …

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