Around the Net
Average American Can't Afford 'Average Priced' Vehicle
- Detroit Bureau, Wednesday, March 12, 2014 9:50 AM
As average transaction prices — what buyers actually pay after factoring in incentives and options — have hit record levels, the average
median-income household can no longer afford to purchase the “average-priced” new car or truck in 24 of the country’s 25 largest metro areas, according to a new study by the
financial website Interest.com. The exception is Washington, D.C.
