Part 2/10:
Recent statistics show that the cost of owning a new car in the United States has reached an unprecedented level, averaging $1,100 monthly. This figure encompasses loan payments, insurance, and fuel costs but excludes maintenance or taxes, highlighting a stark reality: cars are becoming unaffordable for many Americans. As a result, 73% of consumers report delaying their vehicle purchases. More than half are even considering working additional hours or taking on second jobs just to afford a car.