Are Affordable Cars Extinct?

July 22, 2026

If you’ve been shopping for a new car lately, you’ve probably noticed one thing: they’re getting a lot more expensive. In fact, experts say the $20,000 new car has almost disappeared as automakers focus on higher-priced models and affordable options become harder to find. Ray Shefska, Co-Founder of CarEdge, joins the show to explain why that’s happening and how buyers can still find a good deal in today’s market.

About the Author

Sean Thrunk
Producer

Sean Thrunk is an award-winning multi-media journalist and graduate of Montclair State University.
He serves as ONNJ’s main editor and as a news producer for ONNJ Mornings with Ken Rosato!