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NewsMay 16, 2011

Auto Affordability Flat in Q1, Comerica Bank Says

The purchase and financing of an average-priced new vehicle took 23.2 weeks of median family income in the first quarter of 2011, unchanged from its fourth quarter 2010 level.

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NewsFebruary 9, 2010

Auto Affordability Normalizes Post-Clunkers, Comerica Reports

The purchase and financing of an average-priced new vehicle took 23 weeks of median family income in the fourth quarter 2009, according to Comerica Bank's Auto Affordability Index.

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