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Car prices dip after average monthly payment hits record $777

Por: Fox Business Business February 15, 2023

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Check out what's clicking on FoxBusiness.com The average monthly payment for a hit a record $777 in December 2022, according to Cox Automotive. and an average transaction price (ATP) of $49,507 were behind the increase, which was up 2.1% from November.The cost pushed the number of weeks a typical American needs to work to pay off their car from 43.3 to 44. January is always a very light month for sales transactions, so I am not drawing any... + full article



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