Used Cars Under $20K Are Selling Fast: Prices, Mileage & 11% Loans
Used cars under $20,000 are selling fast, but what are buyers actually getting for their money?
In this episode of the MX3 Podcast, we look at the changing used-car market and the growing affordability problem facing American drivers. We discuss used-car prices, vehicles approaching 100,000 miles, older cars being purchased for the same money buyers once spent on much newer vehicles, limited inventory, auto auctions, credit scores, interest rates, monthly payments, and the danger of becoming upside down on a long-term car loan.
We also get into the cost of today's pickup trucks, rising…
The skinny
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