Daily Archives: May 21, 2012

Auto Affordability Down Slightly in First Quarter

Posted on May 21, 2012 by Comerica Economics

The purchase and financing of an average-priced new vehicle took 23.2 weeks of median family income in the first quarter of 2012. Consumers on average spent $300 more (an increase of 1.2 percent) on new cars in the first quarter … Continue reading →

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