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The average transaction price for a new car is around $47,000 and will probably hold steady for a while yet, according to Kelley Blue Book (KBB). However, the amount of cars that middle-class ...
Although new vehicle transaction prices are trending down slightly in 2023, the average is sitting at a high $48,275, up 3.7% or $1,744 year-over-year (YoY) for April.
The average new car sold for $48,623 in October -- that's a lot of money, but Americans' average wages have gone up, too. ... would need to work 37.4 weeks to pay off the average new car sale ...
“Truly inexpensive cars are hard to find in 2024, as the average new car transaction price approaches $50,000,” according to Motor Trend. “A fully loaded Hyundai Venue can be had for about ...
As with almost everything else, car payments became much more expensive in the last year, and 2024 isn't looking any better. Consumer Reports explained that the car market has become increasingly...
Average new car transactions are still pretty flat, but that could change soon. “We can tell you that new vehicle price inflation has almost disappeared this year,” the report said. More From ...
In September 2022, average new-vehicle transaction prices fell slightly from August but “still remain elevated and well above sticker prices,” according to Kelley Blue Book.
At the beginning of May, the average new car transaction price was $48,389. The results of the upcoming 2024 presidential election could significantly alter the current trajectory of vehicle ...