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American Consumers Have Had It With High Car Prices
WSJยท 2025-12-01 02:00
Core Insights - Shoppers are becoming more selective about the prices they are willing to pay for new cars, leading to a shift towards used vehicles and longer car loans [1] - Consumers are increasingly holding out for better deals, indicating a change in purchasing behavior in the automotive market [1] Summary by Category - **Consumer Behavior** - Shoppers are drawing the line on new car prices, opting for used vehicles instead [1] - There is a trend of consumers taking on longer car loans to manage affordability [1] - Many consumers are waiting for deals before making a purchase, reflecting a cautious approach to spending [1]