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Automotive Industry:United States: Difference between revisions
→Affordability
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== Affordability == | == Affordability == | ||
[[File:Screenshot 2024-04-18 113634.png|alt=|center|thumb|719x719px|https://www.coxautoinc.com/market-insights/march-2024-vai/]] | [[File:Screenshot 2024-04-18 113634.png|alt=|center|thumb|719x719px|https://www.coxautoinc.com/market-insights/march-2024-vai/]] | ||
=== June 2024 === | |||
* The typical monthly payment increased by 0.6% to $756, and the number of median weeks of income needed to purchase the average new vehicle rose to 37.2 weeks from 37.1 weeks in May. The average monthly payment had previously peaked at $795 in December 2022. | |||
* The estimated number of weeks of median income needed to purchase the average new vehicle in June was down 6.3% from the same time last year.<ref>https://www.coxautoinc.com/market-insights/june-2024-vai/</ref> | |||
=== March 2024 === | === March 2024 === | ||