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The purchase of an average priced new vehicle took 23.1 weeks of median family income last quarter and 24.2 the previous quarter, according to the Comerica Automobile Affordability Index.
Following is a table compiled from the quarterly report:
=========================================================================== 4Q 3Q 2Q 1Q 4Q 3Q 2Q 1Q 2011 2011 2011 2011 2010 2010 2010 2010 =========================================================================== Weeks of Income 23.1 24.2 24.0 23.6 23.7 23.9 24.1 24.1 =========================================================================== As published Feb. 14 SOURCE: Comerica Bank
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