DAILY ROUNDUP | JUL 15 | $50K Barrier, 31.1% Long Loans, 13% EV Deals, $270M CA
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The $50,000 new-car threshold has become more than sticker shock. It is forcing buyers into smaller vehicles, older used cars, longer loans, and payment-first decisions that could reshape vehicle ownership for years.
Today’s episode breaks down KBB’s near-$50,000 transaction-price reality, subcompact SUV sales jumping over 23%, 7-to-10-year-old vehicles making up nearly a quarter of used sales, Cox Automotive’s 31.1% long-loan warning, and California’s roughly $270 million EV incentive…
The skinny
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