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Affordability Improves Again in August

New-vehicle purchases a little easier on the wallet despite high prices, interest rates.

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EV Costs Vary by State

JD Power study shows affordability depends on location.

Despite Interest Rate Hike, Vehicle Affordability Could Improve

Cox Automotive says that though some consumers are being priced out of the market, it’s rebalancing.

Report Paints Stark Affordability Picture

Edmunds data show how new-model prices ballooned and by how much.

New-Car Affordability Better But Still Worse Year-Over-Year

Multiple factors drive down purchase costs, which is still well above what most households can afford.

Experian: Facing Higher Loan Amounts, Prime Buyers Go Used

More consumers in the prime and superprime credit tiers opted for used vehicles as concerns around affordability grew in the first quarter, according to the latest report from Experian.

Study: Americans Prefer Fewer Dealerships, Faster Decisions, Used Vehicles

Cox Automotive’s 2019 Car Buyer Journey report finds consumers are spending less time in dealerships and in the market, accelerating the decisionmaking process as a growing affordability gap continues to threaten new-vehicle sales.

Q4 Revisited: Affordability, Not Delinquency, Is Cause for Concern

Thirty- and 60-day delinquencies remained fairly stable in the fourth quarter, while affordability rightfully remains a key point of discussion among dealers and auto finance sources.

Black Book: Retention Index Down 0.6% in March

Black Book’s Used Vehicle Retention Index slipped again in March but showed a 1.7% year-over-year gain heading into April, when analysts expect the spring selling season to begin in earnest.

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Auto Loan Interest Rates Hit 10-Year High

Edmunds says the average APR for a U.S. new-vehicle loan was 6.36% in March, putting dealers and consumers on the cusp of a ‘dramatic shift’ toward the used-car market.

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