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February 14, 2012

Auto Affordability Improved in 4Q 2011, Comerica Bank Reports

A report by Comerica Bank indicated that the purchase and financing of an average-priced new vehicle took 23.1 weeks of median family income in the fourth quarter of 2011, the best affordability reading since the third quarter of 2009.

Tags: auto affordibility, Comerica Bank

November 29, 2011

Auto Affordability Slips in Q3, Comerica Bank Reports

Auto affordability fell in the third quarter, continuing the declining trend since affordability peaked in 2009, according to Comerica Bank.

Tags: auto affordibility, Comerica Bank

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