In The Motor City New Cars Are The Least Affordable, Says Survey
This is the Motor City. Of course, we’re home to lots of cars, right? We, after all, put the nation on wheels? Well, sure. But can Detroiters actually afford those cars anymore? A recent survey by Bankrate.com puts the city of Detroit at the bottom of the nation for being able to afford a new car. The lower a city appears on the list, the more difficult it would be for the typical car buyer to come up with the money for what Kelley Blue Book said was the average price for a new car or light...