- New car affordability crisis🔍
- Auto industry sees an 'affordability shift' in car sales🔍
- Even Some High|Income Americans Can't Afford New Cars Anymore🔍
- High prices🔍
- Navigating vehicle affordability challenges in 2024🔍
- The High Cost Of Low|Priced Cars🔍
- New Cars Growing More Affordable🔍
- Fuel for Thought🔍
Growing new car affordability crisis
New car affordability crisis: Consumers want new, but can't afford it
Modest discounts aren't enough to lure buyers. Though discounts on new cars are beginning to return, they're modest at best. · Used cars aren't ...
Auto industry sees an 'affordability shift' in car sales - Fast Company
With buyers confronting inflated prices and still-high loan rates, sales of new U.S. autos rose only 1% through September over the same period ...
Even Some High-Income Americans Can't Afford New Cars Anymore
Soaring prices push buyers to previously owned vehicles, as more than half of new models go to the affluent. ... Marc Levine was used to leasing a ...
High prices, rising debt add to 'affordability crisis' - Auto Finance News
New-vehicle affordability was flat in September as consumers faced ongoing challenges related to high prices, elevated interest rates and ...
Navigating vehicle affordability challenges in 2024 - CBT News
Looking at average auto payments over time, the cost of owning a vehicle has evolved substantially, with the average payment on a new vehicle ...
The High Cost Of Low-Priced Cars - CleanTechnica
Consumers with the lowest incomes, below $16,000 for 2023, have been shut out of the new-vehicle market entirely for the last two years, while ...
New Cars Growing More Affordable - Kelley Blue Book
A new car remains harder for the average American to afford than it was before the COVID-19 pandemic. But affordability is improving steadily.
Fuel for Thought: The vehicle affordability crunch | S&P Global
Rising new vehicle prices in the US and Europe are leaving cash-strapped consumers with limited options for cheap cars - and the affordability gap is getting ...
Need for Vehicle Affordability Becoming More Pronounced ...
1. Concentrated demand for more affordable cars, with significant sales growth in the $20,000-$30,000 range for new vehicles and $15,000-$20,000 ...
High Car Prices, Loan Rates Fueling an Affordability Crisis
The VAI measures the relative affordability of an average new car in terms of how many weeks of an average family income it would take to buy ...
The mega decline of vehicle affordability - Car Dealership Guy News
For reference: About 17% of consumers who financed a new car in Q2 of last year have monthly payments north of $1,000 per month—that's an all- ...
America's Car-Mart notes ongoing 'affordability crisis'
While the most important factors vary regionally across the country, there is a general consensus that average vehicle selling prices need to be ...
Share of new vehicle sales by age tier. Page 7. 7. Car Buying's Changing. Demographics. As Millennials age, they are now the fastest-growing car ...
Expert spotlights growing crisis with car affordability - YouTube
... New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television ...
Pete MacInnis on the impact of the Fed's rate cuts and the future of ...
Inflation has compounded this, stretching consumer budgets and creating an affordability crisis in the automotive sector. With average new car ...
America's Car Crisis: 60% Of American Households Can't Afford A ...
America's Car Crisis: 60% Of American Households Can't Afford A New Car ... increasing difficulty of affording a car in today's economy. As ...
Affordability Crisis Weigh on Automobile Sector | OilPrice.com
The auto industry is now primarily targeting the top 20% income households due to reduced affordability. Consumer spending on new vehicles ...
Affordability crisis shrank the market, could do long-term damage
While analyzing last month's disappointing sales results, J.D. Power's Tyson Jominy posited a theory that the U.S. auto industry has to either ...
Growing new car affordability crisis: Consumers want more, but can't…
America's new car crisis: Consumers want more but can't afford it https://trib.al/bqExJ5R.
Infographic: Tackling the Auto Affordability Crisis - PayNearMe
Car shoppers are facing an affordability crisis. An unlikely and unprecedented set of events, including a global pandemic, ...