Cox tallies show income bumps helped offset other pressures in October.
Interest rates increasing the costs, with no end in sight, Edmunds finds.
New-vehicle purchases a little easier on the wallet despite high prices, interest rates.
Income growth, falling prices outweigh interest rate hikes, Cox says.
JD Power study shows affordability depends on location.
Cox Automotive says that though some consumers are being priced out of the market, it’s rebalancing.
Consumer income increases, lower new-vehicle prices and higher incentives increased affordability, found the Cox Automotive/Moody's index.
Edmunds data show how new-model prices ballooned and by how much.
Multiple factors drive down purchase costs, which is still well above what most households can afford.
More consumers in the prime and superprime credit tiers opted for used vehicles as concerns around affordability grew in the first quarter, according to the latest report from Experian.
