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Nov 15, 2006 -- Buyers in the driver's seat with new cars
Clark has outstanding news for you about buying a new car. Economists often measure the affordability of the auto market by how many weeks of pay it would take the average person to buy a car. Today, it takes the average person 23 weeks of pay to buy a new car. That is just about the lowest number ever. Over the past decade, the typical amount has been 31 weeks. Not to mention that cars werent as safe or well-made. Competition has also added to the reduction in prices. So, its basically the golden age for buying cars. One example involves Chrysler. The company has so many extra cars on lots that it is offering a manufacture-subsidized lease on the Jeep Commander. This is one of only two exceptions Clark makes to his never-lease policy. The company is offering a two-year, three-month lease on the Commander for $169 a month. The payment for purchasing the Jeep is more than $400 a month. And, you can lease some cars from Chrysler for as little as $118 a month, according to the Detroit News. It could be even better for you if you wait two or three years. The market is going to be flooded with used Jeep Commanders and the deals will be unbelievable.
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