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One in Three Americans Juggle Extra Jobs for Car Costs

7/24/2025

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Story summary
  • One in three Americans now hold a second job to cover car expenses, according to Big Bear Engine Company.
  • The average price of a new car has surged from $30,000 in 2012 to $47,000 today.
  • 86% of respondents feel they cannot afford a new car within the next year.
  • 67% would find a $500 price increase challenging to manage.
  • 55% of Gen Z are taking on extra work, contrasting with only 4% of Baby Boomers.