Average car prices up $12,000 in past five years
New data shows it's never been as hard to buy a car in the United States as it is today.
New data shows it’s never been as hard to buy a car in the United States as it is today.
New data shows it’s never been as hard to buy a car in the United States as it is today.
According to car valuing company Edmunds more Americans are buying new cars for less than the sticker price, but that doesn’t mean car buyers are finding bargains.
Some good news for car buyers, new car prices are finally coming down a little bit.
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If you’re in the market for a car this year, you may have to pay more. That’s because car dealerships are facing shortages, and consumers are paying the price.
Car prices are rising. According to J.D. Power and Associates, the average new car price was more than $37,000 in the first quarter of 2021. That’s up more than 8% from a year ago.