Consumers shifting to cheaper models as average car price surpasses $47,000— and it’s not just those low on cash
“ Michelle Chumley, a 56-year-old nurse from Ohio, recently made a conscious decision to opt for a more affordable vehicle when replacing her Chevrolet Blazer SUV. Instead of splurging on a pricey new SUV, she chose a Chevrolet Trax compact SUV, joining a growing number of buyers in the below-average $20,000-to-$30,000 price range. This shift … Read more
