As down payments climb, likelihood of another federal stimulus dims on Capitol Hill
Premium Content
Friday, Sep. 11, 2020, 02:41 PM
Nick Zulovich, Senior Editor
CARY, N.C. -
Edmunds shared data with SubPrime Auto Finance News that average down payments in August climbed by more than $400 on new-car deals and by nearly $700 on used-vehicle transactions. Experts and surveys both pointed to how previous federal government stimulus efforts helped consumers spend on big-ticket items like a vehicle. But the prospect for more […]