The world is quickly changing and it looks like those KCMO freebie bus rides might come in handy given that cars are becoming a luxury that's unattainable for most Americans.
Here's a quick passage from a local report that talks with local car dealers and arrives at a scary new payment price . . .
Not long ago, $716 sounded more like a mortgage payment. The average price for new cars is now up to $46,259. Factor in rising interest rates and that’s how you get up to $716
Read more via www.TonysKansasCity.com link . . .
Here's a number that will leave your mouth open like a garage door. That is the national average monthly payment on a new car purchase in August, according to J.D. Power, the industry scorekeeper. That's an all-time record. Not long ago, $716 sounded more like a mortgage payment.