Vehicle Affordability a Rising Concern
Average manufacturer retail price nearly $50K, with some models exceeding six figures and $75K pickups the norm.
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Average manufacturer retail price nearly $50K, with some models exceeding six figures and $75K pickups the norm.
The Federal Reserve on Wednesday raised interest rates for the third time this year and signaled it will raise the cost of borrowing again in December. Industry economists said it will not get better for consumers or the industry from here.
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