Very simple. IMPORTS. Before IMPORTED STUFF, kids fresh out of high school, after starting any type of new job, earned enough to get a 3 room apartment, buy a new GTO, 442, Camaro or Mustang, with $300 down and a 3 year loan.
Today, they stay with parents, they can at most lease a new cheap car for $199/mo but limited to 10,000 miles. A loan?? Try 5 year loan and maybe $5000 down.