The latest report on auto affordability from Dallas, Texas-based Comerica Bank indicates that the purchase and financing of an average-priced new vehicle in the US took 23.2 weeks of median family income in Q1 2012. Consumers are estimated to have spent, on average, US$300 more (+1.2%) on new cars in Subscribe to Automotive World to … Continued
The latest report on auto affordability from Dallas, Texas-based Comerica Bank indicates that the purchase and financing of an average-priced new vehicle in the US took 23.2 weeks of median family income in Q1 2012. Consumers are estimated to have spent, on average, US$300 more (+1.2%) on new cars in
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Subscribe
Already a member?
https://www.automotiveworld.com/articles/93905-us-auto-affordability-eases-in-q1/
Join our LinkedIn Group
Let us help you understand the future of mobility
