Tag: car prices
Consumer Angst: High New Vehicle Prices
New-car prices have climbed to the point where many shoppers feel locked out of the market. Monthly payments resemble a mortgage for some households, and the old comfort of a three- or four-year loan has given way to long terms…
Why Are Cars So Pricey?
Cars and why they cost so much. Have you seen the prices of new cars lately? They’re downright expensive and that fact means fewer Americans can afford them. The average transaction price for vehicles sold reached $46,329 in November 2021,…
