Study: Most families in America can't afford a new car

Buying a car is serious business, especially when you're buying one fresh off the assembly line. In fact, a study from Bankrate reveals that most U.S. families can't truly afford to buy brand-new vehicles. To reach that conclusion, Bankrate used three important figures: the average price of a new car, which was $33,865 according to KBB at the time...
Auto loanBuying a car is serious business, especially when you're buying one fresh off the assembly line. In fact, a study from Bankrate reveals that most U.S. families can't truly afford to buy brand-new vehicles. To reach that conclusion, Bankrate used three important figures: the average price of a new car, which was $33,865 according to KBB at the time...
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