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Good News: Auto Affordability Improves, Could Lead To Stronger Sales

Good News: Auto Affordability Improves, Could Lead To Stronger Sales

At a time when it seems like everything is going up in price, here’s a rare bit of good news: an “average priced” new car got more affordable in the fourth quarter of last year, requiring just 23.1 weeks of median family income to purchase. From a dollars-and-cents perspective... read more

February 14, 2012 by  - 0
 
2010 Mitsubishi Lancer Evolution

Zero-Percent Deals Break Through Auto-Affordability Decline

As the auto industry gradually crawls back toward a recovery, car shoppers this winter and spring might have been stymied by one quite significant roadblock: rising interest... read more May 11, 2010 by  5


 
mustangdealership.jpg

New Cars Remain At Near-Record Affordability

Although cars remain at near record levels of affordability, new-car buyers turned to more expensive vehicles this past quarter. That's according to Comerica Bank's latest... read more August 17, 2009 by  0


 
2009 Smart fortwo

New Study: Minicars Ranked By Fender-Bender Repair Bill

If you live in a crowded urban environment, you understand the value of minicars. No, they can't haul sheetrock, and trips to the grocery store become more like social calls... read more June 11, 2009 by  1


 
money

Is A Higher Gas Tax The Way To Pay For Road Repair?

Every now and then, one of our posts sparks a nice online discussion. Typical topics: the fate of General Motors after the government bailout, whether hybrid cars are for... read more June 11, 2009 by  1


 
money

Cars Most Affordable In Decades, Yet Shoppers Balk

With all the incentives, lease specials, and aggressive price reductions at dealerships—some desperate to stay open and keep the cars moving—it’s a good time to be a... read more May 8, 2009 by  0


 
2010 Porsche Panamera

Porsche, VW To Merge and Become The New GM (And Don't Forget Fiat!)

It's enough to make a historian weep. While General Motors chainsaws brands off its core like old-growth redwood, Europe's automakers think they have a better idea: turn... read more May 7, 2009 by  2


 
Dealer - Sale

Fewer Drivers See A New-Car Future

Americans have to eventually start buying new cars, before rust and accidents and overpriced parts cull the fleet down to a critical point. So it would seem; but the latest... read more April 20, 2009 by  1


 

 
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