The average new car price has skyrocketed to $50,000. Tariffs, the end of the federal EV tax credit and luxury car sales are ...
The head of California’s car dealers worries that higher prices are not healthy for both consumers and the industry.
Nearly 1 in 4 car owners owe more on their trade-ins than the vehicle is worth, pushing the national average for upside-down ...
In a surprising turn for consumers, the cost of a brand-new vehicle has now eclipsed a significant milestone, with the average price tag breaking the $50,000 mark, as reported by Kelley Blue Book for ...
The average price paid for a new car in August was $49,077, according to Cox Automotive and Kelley Blue Book. That number is up 0.5 percent from the month before and 2.6 percent from a year earlier.
Despite billions in tariff costs for imported autos and parts, new car prices have stayed relatively flat. But the news isn’t as good for car owners taking their vehicles to the repair shop. The price ...