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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 ...
“Most high-end luxury SUVs, like Mercedes-Benz SUVs, get you into the territory where not only are they extremely expensive to buy, but expensive to maintain as well,” Michael said.
Autobesity, also known as car bloat and truck bloat, is the trend, beginning in about the 1990s, [3] of cars increasing in average size and weight. [4] [5] The average weight of cars sold in Europe increased by 21% between 2001 and 2022. [6] In the United States, SUVs and pickup trucks comprised more than 75% of new sales in 2024 compared to 38 ...
A 2025 Rivian RIT pick-up truck starts at $71,000. Like the Tesla, the Rivian is an expensive vehicle to repair. ... “The Renegade is one of the most expensive vehicles in its class,” Edmunds ...
They also noted that buyers of SUV coupes are less price-sensitive, which means brands can increase the price tag on these vehicles without affecting sales. [3] For example, the BMW X6 has an MSRP which is more expensive by around US$ 5,000 in the US compared to the comparably-equipped BMW X5, which greatly helped increase revenue for BMW ...
Pickup Nitpicking. The bestselling vehicle in America has already been a truck for four consecutive decades. In 2020, pickups outsold cars in the U.S. for the first time in history. Then, sales of ...
A crossover, crossover SUV, or crossover utility vehicle (CUV) is a type of automobile with an increased ride height that is built on unibody chassis construction shared with passenger cars, as opposed to traditional sport utility vehicles , which are built on a body-on-frame chassis construction similar to pickup trucks.