Falling Car Prices May Signal End to Cost Outpacing Incomes | Edmunds.com

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edited November 2014 in General
imageFalling Car Prices May Signal End to Cost Outpacing Incomes | Edmunds.com

For the first time in 35 years, buying a new vehicle may not be out of reach for a median-income U.S. household, according to the Auto Buyer's Affordability Index.

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Comments

  • kokomojoekokomojoe Member Posts: 150
    At some point new cars will hit a saturation point and the demand will drop with could be happening now after a couple years of good sales. Cars last much longer so the need for a new one is lower
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