The Cost of Living: Utahns' debt increases, new cars hit record-high price

The average new vehicle now costs more than $51,000! For that price, the heated seats better cook dinner and the backup camera better find some hidden treasure, right!? At the same time, a new review of data from TransUnion and the Federal Reserve found that people living in Utah added the most debt to their personal finances between the beginning of July and the end of September. What's driving Utahns to take on so much additional debt? WalletHub writer and analyst Chip Lupo explains.

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