What happened to the entry-level car?

I last bought a new car about 10 years ago. Back then, you could find smaller, entry-level cars, like the Honda Fit, for well under $20,000. Now I’m having a hard time finding a new vehicle equipped with what I want for less than $25,000 to $30,000. What happened? With everything else getting so expensive, might those cheap starter cars come back? Surely there would be demand for them. – Dave, Vancouver

Five years ago, you could buy a brand new Chevrolet, Nissan or Mitsubishi for less than $11,000, a Hyundai or Kia for less than $15,000 and a Toyota or Honda for less than $16,000.

Those days are

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