{"id":10122,"date":"2026-11-12T11:19:15","date_gmt":"2026-11-12T19:19:15","guid":{"rendered":"https:\/\/www.blackhistoryinthebible.com\/community\/americans-are-getting-priced-out-of-new-cars-what-happens-to-the-auto-industry\/"},"modified":"2026-11-12T11:19:15","modified_gmt":"2026-11-12T19:19:15","slug":"americans-are-getting-priced-out-of-new-cars-what-happens-to-the-auto-industry","status":"publish","type":"post","link":"https:\/\/www.blackhistoryinthebible.com\/community\/americans-are-getting-priced-out-of-new-cars-what-happens-to-the-auto-industry\/","title":{"rendered":"Americans Are Getting Priced Out of New Cars \u2013 What Happens to the Auto Industry?"},"content":{"rendered":"<p> <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/R2pcuGJ4gm8\" frameborder=\"0\" allowfullscreen><\/iframe> <\/p>\n<p>The average new car in America now costs about $50,000. The average monthly payment hit a record $823. And only 7% of new cars sold cost under $30,000. Americans are being priced out \u2014 so what happens to the auto industry?<\/p>\n<p>Today we break down the numbers behind the car affordability crisis: record auto debt of $1.68 trillion, subprime delinquencies at all-time highs, used cars topping $30,000, and why automakers are quietly killing off cheap cars. Plus: what Ford, GM and the dealers are doing about it \u2014 and whether a 2008-style auto crash could happen again.<\/p>\n<p>In this live stream:<br \/>\n\u2022 Are Americans really buying fewer cars?<br \/>\n\u2022 $50K cars, $823 payments and $1.68 trillion in auto debt<br \/>\n\u2022 Why cheap cars are disappearing (tariffs, trucks and profits)<br \/>\n\u2022 Used cars: no longer the budget option<br \/>\n\u2022 Layoffs, plant cuts and dealer consolidation<br \/>\n\u2022 Could the auto industry crash like 2008?<\/p>\n<p>Tell us in the chat: What&#8217;s your car payment \u2014 and is a new car still worth it?<\/p>\n<p>\ud83d\udc4d Like, subscribe and turn on notifications for more live breakdowns of the economy and world news.<\/p>\n<p>Sources: Cox Automotive\/Kelley Blue Book, J.D. Power, GlobalData, Edmunds, New York Fed, Fitch Ratings, S&amp;P Global, Morningstar.<\/p>\n<p>#CarPrices #AutoIndustry #Economy<\/p>\n<p>Want to create live streams like this? Check out StreamYard: https:\/\/streamyard.com\/pal\/d\/5759717953503232<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The average new car in America now costs about $50,000. The average monthly payment hit a record $823.<\/p>\n","protected":false},"author":1,"featured_media":10123,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[67],"tags":[],"class_list":["post-10122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lisa-cabrera"],"jetpack_featured_media_url":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-content\/uploads\/2026\/11\/hqdefault-136.jpg","_links":{"self":[{"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/posts\/10122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/comments?post=10122"}],"version-history":[{"count":0,"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/posts\/10122\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/media\/10123"}],"wp:attachment":[{"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/media?parent=10122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/categories?post=10122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackhistoryinthebible.com\/community\/wp-json\/wp\/v2\/tags?post=10122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}