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Federal Reserve Bank of Philadelphia Consumer Finance Institute: 'Vehicle Purchase Intentions and Perceptions of Ownership Costs: Insights From the April 2026 LIFE Survey'
June 12, 2026
PHILADELPHIA, Pennsylvania, June 12 (TNSLrpt) -- The Federal Reserve Bank of Philadelphia's Consumer Finance Institute issued a brief on June 5, 2026, entitled "Vehicle Purchase Intentions and Perceptions of Ownership Costs: Insights from the April 2026 LIFE Survey."

Here are excerpts:

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For most American households, a motor vehicle is a necessity that has lately become more expensive to keep on the road -- as has replacing an aging vehic . . .

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