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Why cars are so expensive now. ... The average new car sold for $48,623 in October -- that's a lot of money, but Americans' average wages have gone up, too. Kelley Blue Book says that the average ...
Today's ridiculous car market all comes down to the laws of supply and demand - and the supply of new cars is down 75%. Why used and new cars are so expensive right now, explained in 3 charts Skip ...
Soaring interest rates and high demand have led us here: the average car payment in America reached $730 this month, while a growing number of Americans (17 percent) now pay more than $1000 per ...
If you don’t have to buy now, don’t. Home & Garden. Lighter Side
This is a factor in buying any vehicle, regardless of how the industry is trending and how well the economy is performing, but with prices higher and cars in shorter supply, potential buyers are ...
New cars are more expensive than ever. Car companies and dealers have little incentive for them to not stay that way. Cars are going to stay expensive for one simple reason: Dealers and automakers ...
Chapter 5 is about Detroit automotive engineers' general unwillingness to focus on road-safety improvements for fear of alienating the buyer or making cars too expensive. Nader counters by pointing out that, at the time, annual (and unnecessary) styling changes added, on average, about $700 to the consumer cost of a new car (equivalent to ...
We're currently in what Pat Ryan, CEO of car shopping app CoPilot, has called the least affordable car market in modern history. In July 2023, CNBC reported that new cars priced under $30,000...
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