Modest-income buyers being priced out of new-vehicle market

  • Natalia Ponce De Leon, owner of Custom Window Furnishings, reorganizes her tools in the back of her nine-year-old Toyota RAV4 after visiting with a client, Wednesday, April 13, 2022, in Delray Beach, Fla. Ponce De Leon traded her 2018 Toyota Tacoma for a more efficient car where she estimates will save her hundreds of dollars a month. She is also able to carry all the tools she needs for her business. (AP Photo/Marta Lavandier)

  • Natalia Ponce De Leon, owner of Custom Window Furnishings, sits on the back of her nine-year-old Toyota RAV4 after visiting with a client, Wednesday, in Delray Beach, Fla. Ponce De Leon traded her 2018 Toyota Tacoma for a more efficient car where she estimates will save her hundreds of dollars a month. She is also able to carry all the tools she needs for her business. (AP Photo/Marta Lavandier)

DETROIT — Two years after the pandemic tore through the economy, America’s auto market looks something like this: Prices are drastically up. Supply is drastically down. And gasoline costs drastically more.