Why Only About 22% of Americans Can Afford a New Car

Taking ownership of a brand new car is not only a major purchase, but an achievement on its own.  According to Kelly Blue Book, the average price of a brand new car in the United States is around $48,000.

Sticker shock is only part of the problem for prospective buyers - here are the other reasons.

Selected excerpt(s) and linked article courtesy of James Ochoa, TheStreet(dot)com
Royalty-free photo courtesy of Pixabay

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