It's more expensive than ever for Americans to buy a new car as prices and interest interest rates in that country continue to go up.
Auto finance lenders are among the types of companies that furnish data to the credit bureaus.It's more expensive than ever for Americans to buy a new car as prices and interest interest rates in that country continue to go up.
"To see it jump from like $300 to $600 for a Corolla or Civic was like, I should be driving like a Mustang for that much money, you know?" Navarro said. The run-up in US car prices has been well-documented, not to mention a key driver in the headline inflation numbers that have policymakers and ordinary Americans alike watching the metric closely.
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