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Consumers Are Paying More Than Ever For Car Payments (VIDEO)

Recent data show the average price of a car payment hit an all-time high last month: over $700 a month.

United statesRobert blountDoug ramonTim jacksonKevin shaughnessyFlorida auto exchangeColorado automobile dealers associationBureau of labor statisticsPhil longLabor statisticsFlorida autoColorado automobile dealersCar paymentsCar dealershipsCox automotiveAuto industry

Customers out of luck as car prices soar and supply dwindles

For people who are looking to buy a vehicle, they are seeing quite the sticker shock. It's all because of the ongoing chip shortage and it's hitting the new and used car industry hard.

United statesEmilie vossMagen aldanaDoug ramonAchieva credit union in dunedinFlorida auto exchange in dunedinFlorida auto exchangeAchieva credit unionAutomobile pricesAutomotive pricesCar pricesCar prices and chipsCars and chipsCars chipsChip shortageChips and cars

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