Late-model used cars aren’t spared in affordability crisis
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Friday, Oct. 21, 2022, 06:52 PM
Joe Overby, Senior Editor
The numbers around new-car affordability (or lack thereof) are quite staggering. According to data from Cox Automotive and Moody’s, to buy a new car in September would have taken 42.2 weeks of median income. That’s up 9% year-over-year, Cox said in a Data Point report, also noting that auto finance interest rates were at their […]