All new cars are to expensive, to complicated to fix, and the loan terms are to long.
People are getting 7 year loans, warranty runs out after 3, then shyts starts breaking. The first few repairs are minor things, then they get hit with a 8k trans replacement because the “lifetime fluid” in the trans really was not lifetime.
Now they have a car with $700 a month payments that they can’t afford to fix.
May as well default on the loan, go to a buy here pay here, and get another car.
Wash, rinse, repeat.