With average new-car prices still hovering well above $50,000, genuinely affordable new vehicles have become harder to find.

(iSeeCars) – Car prices have skyrocketed in recent years, with the average new car costing over $48,000. Much of that increase comes from the popularity and high price tags of modern trucks and SUVs.

Not that long ago, the thought of a $1,000 smartphone was inconceivable. Who would pay such a vast sum for something that would depreciate like a banana left out in the sun? Yet we all queued up and ...