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Average American Can No Longer Afford the Typical New Car

Looking to buy a new car, truck or crossover? You may find it more difficult to stretch the household budget than you expected, according to a new study that finds median-income families in only one...

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Millennials Will Hand You Their Car Keys – But Don’t Take Their Cellphones,...

Forget guns – or car keys – it’s the cellphone you’ll have to pry out of the cold, dead hand of the typical Millennial, according to a new survey. While two-thirds would have a breakdown if you took...

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Gen-Y May Be Ready to Buy Cars After All

It’s become gospel that Gen-Y buyers simply don’t care about cars, that they’re happy to live at home with their parents simply tweeting and texting to friends. But a new study counters that...

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New Study Challenges Conventional Wisdom About Millennial Motorists

A new study challenges the conventional wisdom that younger buyers just aren't all that interested in buying a new vehicle. They are surprisingly “passionate” about cars - but want their vehicles to...

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Average American Can No Longer Afford “Average-Priced” New Car or Truck

New car prices have risen rapidly in recent years, studies showing that Average Transaction Prices – what buyers actually pay – have hit record levels. And that means more and more American motorists...

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Most Americans Can No Longer Afford a New Vehicle

If you find the price of that new vehicle you’ve been looking at just a little out of reach, well, you’re not alone. The annual Car Affordability Study finds that only Washington, D.C. shoppers now...

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