The average price for a new car is close to $50,000 thanks to Bidenomics.
During a recent Fox News report it was revealed that new car prices are up 16.8% since Joe Biden took office —there is one model under $20,000 and 32 new car models are now over $100,000.
“Why is this happening? Can people afford this?” Fox News hosts ask.
“Americans really are struggling —and the middle class [if they want] new or used cars they struggle to find something affordable.”
Watch the clip below:
The average price of a new car in the U.S. is nearing $50,000 — a 16.8% spike since Biden took office.
"There's only one model under $20,000 — but there are 32 models over $100,000!" pic.twitter.com/JI0NEagwhc
— RNC Research (@RNCResearch) August 22, 2023