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Most Americans Can’t Afford New Cars

Friday, Mar 14 2014

News Roundup

Written by PFA News

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A recent study has concluded that most Americans can’t afford to splurge on new cars. So reports MoneyNews.

Interest.com’s 2014 Car Affordability Study says the average new car costs $32,000, which is beyond the reach of households with the median income in 24 of the 25 largest U.S. cities.

Read the full article from MoneyNews.

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