July 25, 2024
News

Consumers remain positive despite rising inflation and interest rates

Car buyers are quite positive about the market despite indicating that inflation and interest rates are top worries. Around 55% of buyers feel hopeful about their finances and financial situation despite expressed concerns, as per TransUnion’s Q2 2024 Consumer Pulse study released today, which surveyed 3,000 U.S. buyers. Buyers are likely to feel more positive […]

FAQ

What are the top concerns of auto consumers?

Auto consumers are primarily concerned about inflation and interest rates impacting the market.

How many consumers were surveyed in TransUnion’s Q2 2024 Consumer Pulse study?

The study surveyed 3,000 U.S. consumers to gather insights into their financial outlook and concerns.

Conclusion

Despite worries about inflation and interest rates, the majority of auto consumers remain optimistic about their finances and financial outlook according to TransUnion’s recent study.

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