The cost of buying a car is crushing Americans. Not only are higher prices making new-car ownership an out-of-reach luxury for many, but buyers are increasingly rolling old auto debt into their new ...
New car prices hit a record high, and President Trump blames fuel efficiency standards. NPR's Ayesha Rascoe speaks with Bloomberg Detroit bureau chief David Welch about what's behind the high prices.
I often advise individuals seeking to replace their old car to buy a pre-owned vehicle, mainly due to depreciation. According to Kelley Blue Book, new vehicles lose value by nearly 30 percent over the ...