Daily Digest – March 2. Car Affordability May Be At Breaking Point


  • The ability for individuals to be able to afford a cay payment may be at its breaking point, according to data released yesterday by Experian. The average new car price was $31,099, and the average car loan payment was $515. “I think we’re certainly at a point where affordability is a question,” said Melinda Zabritski, Experian’s senior director of automotive finance solutions.


WORTH NOTING: A man sentenced to 300 years in prison for child sexual assault has been freed on a technicality … A Michigan man won the lottery three times in one day … The most overused buzzwords on LinkedIn … What you need to know about motivation … Money can buy happiness, if you spend it properly … Kohl’s is going to start selling groceries … The worst Oscar dresses of all time … Red flags to look for when staying at hostels … Linking to this because it allows me to type “bombogenesis” … eBay just launched a site where everything costs $10 or less … The Navy is spending $150 million to get a laser that will blow drones out of the sky … The median wage for drivers from Uber and Lyft is $3.37 per hour.

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If you have a tip or item you would like to share, or are interested in sponsoring the Daily Digest, please contact me at mike@canvasbusinessmedia.com.

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Mike Gibb

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