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Vehicle Affordability Up, Despite Finance Crunch, Lower Incomes

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Old Nov 15, 2010 | 05:30 PM
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Default Vehicle Affordability Up, Despite Finance Crunch, Lower Incomes

Despite rising costs of financing and falling household income, cars are more affordable than they were this past winter and spring. That's what Comerica Bank found in its latest Auto Affordability Index, which looked at vehicle purchase price, household income indicators, and other factors for the third quarter of the year—July through...

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Last edited by Jazz; Nov 15, 2010 at 06:10 PM.
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