>affordability rapidly accelerating away as the middle class evaporates solves the problem

But that complete bs. Vehicle affordability is not in any danger, average price of a new pickus trucks depends on the amount of money the population has. Even if the middle class completely disappears, people will just drive cheaper pickups.

>Would you cry for me if I wanted a Lambo but couldn’t afford it?

But they could. And that the reason why "the average price of a new full-size pickup truck is around $64,000"

> But they could. And that the reason why "the average price of a new full-size pickup truck is around $64,000"

Car Repos Hit Levels Unseen Since 2008 Financial Crisis - https://www.pymnts.com/transportation/2025/car-repos-hit-lev... - March 27th, 2025

Late Car Payments Hit Highest Rate in More Than 30 Years - https://www.pymnts.com/loans/2025/late-car-payments-hit-high... - March 6th, 2025

St Louis Fed FRED: Average Amount Financed for New Car Loans at Finance Companies - https://fred.stlouisfed.org/series/DTCTLVENANM

I’ll see if I have access to the Cox Automotive pickup truck specific repo stats as soon as I’m not mobile. Based on the auto loan delinquency and repo rates, the evidence is fairly robust that people cannot afford these price levels. They get off the lot with the vehicle, certainly, that’s super easy due to easy credit, but then the clock starts ticking on when the car gets repo’d.

(~100M Americans are sub 700 FICO subprime, 33-40% of consumers depending on credit reporting agency providing the data)