Study: Most families in America can't afford a new car
July 07, 2016 at 11:00 AM EDT
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...
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...