David Zalubowski/AP, FILE A report from Moody's Analytics found that typical monthly car payments hit a record high of $712 in May. Kelley Blue Book data found that new vehicle prices averaged $ ...

"That's just the way it may have to be if I want to stay in my price range and not have too high a monthly car bill," said Sanders, 48, a customer service representative and single dad of two high ...

So what a customer might have gotten for a trade-in even a year ago is much less today, which keeps the monthly payment on a new car higher. "So affordability is not just MSRP and average ...

This Month’s Report Reveals Potential Emergence of a Buyer’s Market and Increased New-Car Inventory for Budget ... today launched its inaugural monthly Industry Insights Report.