Looking for a new car under $20,000? Good luck. Your choice has dwindled to just one vehicle
Mitsubishi sales person Matthew Boston walks past a new Mitsubishi Mirage for sale at El Cajon Mitsubishi on Tuesday, Aug. 8, 2023, in El Cajon, Calif. At a time when auto buyers increasingly want pricey SUVs and trucks and fewer want small cars, the Mirage remains the lone new vehicle whose average sale price is under 20 grand — a figure that once marked a kind of unofficial threshold of affordability. (AP Photo/Gregory Bull)
By TOM KRISHER
AP Auto Writer
DETROIT — Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000. Now, there’s just one: The Mitsubishi Mirage...