GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you might read more about oureditorial guidelinesand our products and servicesreview methodology.
Butnot every luxury brand is unaffordablefor the middle class.
This was 143% more expensive than the ATP for a new vehicle ($48,397).
How Much Can the Middle Class Afford To Spend on Cars?
The middle class normally goes for the cars in the $20,000 to 80,000 range, according to Pyle.
So, that rules out the extravagant luxury cars.
Why Cant the Middle Class Afford Luxury Car Brands?
Its not just the cars sticker price that make it unaffordable.
Maintenance expenses for these brands are also part of the issue, Gelfand wrote.
Specialized parts are needed for proper servicing and factory-trained experts are required to perform the repairs.
Which Car Brands Are Unaffordable to This Class?
Here are five car brands that the middle class cant afford anymore, according to experts.
More From GOBankingRates
Share This Article:
