That or car subscriptions services will become far more prominent. They already seem to be picking up a lot of traction overseas, and new products from Volvo and Lexus are being used to incentivize using them.
Its a race to the bottom and we don't have to look far. A very common thing you see on the news and even in every day discussions is how much incomes have remained stagnant while inflation continues. The value of your dollar becomes less by the day. Any sane person would make cuts to spending and reduce debt as much as possible.