MINNEAPOLIS — As drivers face mounting frustration at the gas pump, those in the market for a new vehicle are getting another dose of sticker shock—this time from rising used car prices. According to ...
New-car prices have never been higher. The average sale price reached $50,080 in September, marking the first time it has topped $50,000, according to Kelley Blue Book. The milestone came as shoppers ...
While year-end shifts for used cars are real, the biggest advantage is negotiating power, not guaranteed price drops. Sedans and smaller SUVs saw the biggest price improvements in November, while ...
Prepare for automotive sticker shock next year – again. Average new car prices briefly topped $50,000 in September for the first time, before slipping back under that level in October. But now, ...
New car prices didn’t spike after President Donald Trump announced sweeping tariffs in the spring, as some experts and dealers projected. But prices on many models are now pushing notably higher — and ...
With new car prices hovering around $50,000 these days, buying used can feel like a no-brainer because of how much new cars depreciate in their first few years. New vehicles typically lose about 30% ...
Gina Young is an accomplished finance writer who has written for publications including SuperMoney, Examiner, Lexington Law, Talk Markets, and CreditRepair.com. Throughout her career in finance, Gina ...