Bloomberg Businessweek cover image

Tesla Shareholder Gerber Pursues Board Seat

Bloomberg Businessweek

00:00

Car Prices Hit a Record

Car payments are at a record 770 a month for new cars and about 550 540 for use cars in the US. The average monthly payment of $777 is insane another stat that was jaw-dropping to me 30% of the market for these cars is people who make their own money. In order for vehicles to get as affordable as they were three years ago vehicle prices will have to basically crater, says Bloomberg Detroit bureau chief David Welch.

Play episode from 20:39
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app