New cars are expensive these days. With an average price in the range of $32K, the average shiny new vehicle is out of reach for the typical middle earner, who would pay upwards of 16% of their monthly income to cover the average new car’s payment alone - that if your income is over $50,000. In most countries that income is even hardly even obtainable, so you may have to pay 50% to 70% of your monthly earningsNow, this doesn’t mean that new cars are completely out of reach for every middle-income earner? Why not look at these options. We’ve created a list of 2015 model vehicles that are affordable for a household earning the median income.
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