CarDealershipGuy: Cheap cars are officially extinct.

Only 1 model in the US transacted below $20,000 in July:

The Mitsubishi Mirage.

Hyundai Venue, Kia Rio, Nissan Versa and Toyota Corolla, all transacted well over $20,000.

What a time to be alive.

(via Cox Automotive)

via Twitter @Ray