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Much of the reason Americans are paying nearly $50k for a car is that automakers decided to go all-in on expensive cars. The more they charge for a car, the more money they make off it.
The average price of a new car hit $49,740 in December, up 1.3% from the same month a year ago and continuing a yearslong inflationary trend as automakers look to give Americans what they want ...
“The Navigator has been one of the most expensive SUVs on the market for years, but in 2025, the starting price will exceed $100K,” said Melanie Musson, auto industry expert with CarInsurance ...
A Ford Excursion SUV next to a Toyota Camry compact. Sport utility vehicles (SUVs) have been criticized for a variety of environmental and automotive safety reasons. The rise in production and marketing of SUVs in the 2010s and 2020s by auto manufacturers has resulted in over 80% of all new car sales in the United States being SUVs or light trucks by October 2021. [1]
The biggest of the Big Three experienced a strong 2024 with robust sales of its generally higher-priced vehicles, like trucks, SUVs, and EVs.. GM shareholders were rewarded with the stock up 25% ...
New cars are still expensive, but they are predicted to be somewhat more affordable in 2025. ... Greene recommends that car buyers opt for new vehicles this year. ... 3 Things You Must Do When ...
A 2025 Rivian RIT pick-up truck starts at $71,000. Like the Tesla, the Rivian is an expensive vehicle to repair. ... “The Renegade is one of the most expensive vehicles in its class,” Edmunds ...
Volvo XC60 Plug-in Hybrid. With a shaky CR reliability score of 21 out of 100 for its 2024 model, Volvo’s 2025 mid-size hybrid SUV has garnered impressive reviews from the industry’s heavy ...