Transaction Price vs. Monthly Payment

Winning in a Growing Market: New Vehicle Demand in the U.S. - October 15, 2013

Article Summary
  • A JD Pow­er & Asso­ciates report says that new vehi­cle prices are up but pay­ments are down for three rea­sons.
  • Longer loan terms, stronger residuals/used prices, and low inter­est rates.
  • But what hap­pens if inter­est rates go up, as expect­ed?
Significance of the Data
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