Salem Radio Network News Saturday, September 20, 2025

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Looking for a new car under $20,000? Your choice has dwindled to just one vehicle

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( ) -q-28- UNDATED (Correspondent Jeremy House) “under 20-thousand dollars.”

And then there was one!

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TAG: Correspondent Jeremy House reporting. With prices — new and used — having soared since the pandemic, $20,000 is no longer much of a starting point for a new car.

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VERBATIM: Just five years ago, a price-conscious auto shopper in the U.S. could choose from among a dozen new small cars selling for under $20,000. Now, there’s just one…The Mitsubishi Mirage. And even the Mirage appears headed for the scrap yard. At a time when Americans increasingly want pricey SUVs and trucks rather than small cars, the Mirage remains the lone new vehicle whose average sale price is under 20-thousand dollars.

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