There was a time when you could buy a reliable used pickup truck for $20k. But in the current market, you’d be hard-pressed to find a low-mileage used car for that little. In fact, the Nissan Frontier is the only make and model of used truck that still changes hands for less than $25k, on average.
The death of the $20k used car
Before the pandemic, 49.3% of used cars were listed at $20k or less. Now just 12.4% are listed at $20k or less. But wait, it gets worse.
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