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Auto affordability crisis: The average monthly payment for a n | 🔥

Auto affordability crisis: The average monthly payment for a new-car loan hits an all-time high of $686 in June; for a used car, it’s $554, near a record. The number is $1K+ for 12.7% of new-car buyers
https://www.wsj.com/articles/the-1-000-car-loan-payment-higher-prices-interest-rates-push-up-monthly-costs-11657364580