Middle-Class Americans Race To Buy Cars Before Price Apocalypse
Photo by Daniel Gregoire on Unsplash
In a shocking turn of events, middle-income Americans have shifted into high gear, accelerating their car-buying timelines amid sky-high price fears. "Consumers are taking proactive steps," says Betty Jotanovic of Santander, confirming that desperation for four wheels now outpaces indecision. After a wild roller coaster of tariffs and policy zigzags, over half of respondents admitted to delaying purchases, but now 55% plan to buy soon. Even Elon Musk jumped on the panic wheel, urging customers to ‘place orders now’ before EV tax credits vanish Sept. 30. The new motto? Buy fast or pay forever.
Share the Story
(1 of 3)Source: Axios | Published: 7/28/2025 | Author: Joann Muller
More Articles in Business
Marines Discover Dirt Bikers Outskill Gamers Flying Explosive Toy Helicopters
Businessinsider
Molotov Cocktail Misfires on $27 Million Silicon Valley Fort, FBI Not Amused
Businessinsider
Sydney Sweeney's $1M Flop, Trump-Approved Jeans & Bathwater Soap Fiasco
Mockingbirdnews.org
Entrepreneurs Swear By Hulkens, Because Carrying Packages in Style is a Hustle
Businessinsider
Walmart Cuts H-1B Visa Applications by Half, Still Outselling Visa Restrictions
Businessinsider
Bobbi Brown Got Fired, Didn't Cry, Just Launched Another Empire
Businessinsider
Texas Company Turns Man Camps Into Mansion Camps for AI Construction Bros
Businessinsider
Volkswagen Kills Its Own EV Baby, Prefers Gas-Guzzling Siblings
Businessinsider
Amazon CEO Makes $2.1M Mostly Traveling and Avoiding Danger, Stocks Optional
Businessinsider