New-Model Affordability Improves in March
Still worse year-over-year, since prices and loan rates are elevated.
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Still worse year-over-year, since prices and loan rates are elevated.
Consumers paying more and more as interest rates stretch costs to new highs.
SCHAUMBURG, Ill. — Experian Automotive reported today that the gap between the average monthly payments for new and used vehicles during the second quarter reached a record $122 — the largest margin since Experian began publicly reporting auto finance data in 2008. According to the firm, the average monthly payment for a new vehicle was ... Read More »
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