Car Crisis: The End of the American Dream? | DW News
when you think of the US you think of burgers flags and cars Americans have had a long-standing love affair with cars for over a century symbolizing freedom and Mobility once an integral part of the American dream car ownership is now Out Of Reach for many due to skyrocketing new car costs the average price of a new car surged from $38,000 5 years ago to $45,000 today in addition Insurance costs have risen sharply by 34% over the past 3 years years with a 14% increase in one year alone marking the steepest rise since the 1970s maintenance expenses have also sought turning driving in the US into a luxury what about public transport in 2022 5.7% of adults around 15 million Americans lacked reliable transportation for their daily living for them no car means no job leaving the American dream unattainable
The story behind America’s car affordability crisis. From rising prices for new cars, skyrocketing insurance and expensive repairs, explore why owning a car is becoming a luxury for many in the US. Is the ‘American Dream’ in crisis?
#Cars #USA #DWNewsShorts
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13 comments
I live in Oklahoma my 2024 Toyota corolla was $24,444.
Foreigners may think this, but it’s not true. You can pick up a car so cheap. Have programs to help out poor people get a car for free. I’m paying $56 a month on insurance I have never use public transportation and never will
My Harley was 2500 bucks no insurance needed. If you’re handy enough to fix the vehicle, you don’t need to buy an expensive one
When I think of america I think of obesity, oversensitivity and grey wastelands.
Go see Cal !
This is not true. We can still afford a new car. We still drive when and where we want.
According to the US inflation calculator, 38000 dollars 5 years ago is 46000 dollars to day so the price has gone down!
“Maintenance expenses” have soared because they insist on turning everything in a vehicle electronic. Even gas pedals have sensors and are digitally controlled now instead of a simple spring and lever, which was unheard of failing. But what do I know, maybe we need refrigerators and stoves that won’t work if the Internet goes out…
The American dream is not just dead but mummified. Best end stage capitalism money can buy!
DW quit it. The story is so bogus how many cars I see on the road you must be talking about the homeless not having cars. 😂
That's cheap compared to EU standards
The music is cracking me up
Pfft. Come down to Spain. US car prices on less than half the salary.