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PR Newswire

New-Car Affordability Rises 9 Percent as Incomes Outpace Prices, According to Requisite Press

LOS ANGELES, July 15, 2015 /PRNewswire/ -- Requisite Press, LLC reported today a June 2015 Auto Buyer's Affordability Index (ABAI) of 57.4, indicating that a prudent, median-income household can afford 57.4 percent of the new-car average price. The index is up nearly 9 percent from June...