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1. clark.com › cars › average-new-car-priceReport: The Average Price of a New Vehicle - Clark.com

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   3 days ago · For new non-luxury vehicles, the average price was $44,083 — a $465 decrease compared to the previous month. For new luxury vehicles, the average price was $62,067, driven almost exclusively by automaker incentives. For new electric vehicles, the average price was $54,021 — up from February’s revised figures of $53,707.

2. financebuzz.com › articles › priciest-used-car-marketsThese 15 States Have the Priciest Used Car Markets (Is Yours ...

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   2 days ago · Average cost of a used car: $41,405 As in many states in the Mountain West, drivers in Wyoming prefer bigger vehicles, which means they often have to pay higher transportation costs. Wyoming Public Radio also notes that snowfall and wildfires can increase insurance claims in the West, making auto insurance more expensive.

3. www.consumerreports.org › cars › car-maintenanceFour of the Five Least Expensive Car Brands to Maintain Are ...

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   4 days ago · In this look at the cost of car ownership, CR reveals the difference in maintenance and repair costs among 29 car brands at 5 and 10 years of ownership, based on member data. Ad-free. Influence-free.

4. www.cars.com › articles › here-are-the-10-cheapestHere Are the 10 Cheapest New Cars You Can Buy Right Now

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   5 days ago · The days of the sub-$10,000 new car are long behind us, and the days of the sub-$20,000 new car may not be far behind. But if a rock-bottom base price is what you’re looking for, a variety of ...

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6. www.kbb.com › car-advice › is-now-the-time-to-buyIs Now the Time to Buy, Sell, or Trade-in a Car? - Kelley ...

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   5 days ago · A recent analysis finds that sales of cars priced at $25,000 or less have fallen by 78% in just five years. Five years ago, automakers offered 36 new models in that price range. This year, that ...

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7. caredge.com › guides › used-car-priUsed Car Price Trends for 2024 (Updated Weekly) - CarEdge

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   4 days ago · In early 2024, used car prices are holding steady, even as new car prices drop quickly. Hybrid and EV prices remain elevated above the overall market, but the gap is narrowing. The average transaction price for an electric vehicle is now 16.7% higher than the overall market. That’s less than the 20% premium for EVs we saw early in 2023.

8. People also ask

   How much does a new car cost?

   • For new non-luxury vehicles, the average price was $45,283 — a 2% increase compared to the previous month but a year-over-year decrease of 0.8%. For new luxury vehicles, the average price was $62,523 — a less than 1% decrease compared to the previous month but an 8.8% decrease year over year.

   Report: The Average Price of a New Vehicle - Clark.com

   clark.com/cars/average-new-car-price/

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   How much does a used car cost?

   • The average vehicle on American roads is now 12.5 years old. Automakers also produced fewer cars for several years after the 2008 recession, leaving fewer higher-mileage, older used vehicles available to sell. The most accessible used cars are priced between $15,000 and $30,000. If you want a new or used vehicle, be prepared for sticker shock.

   Is Now the Time to Buy, Sell, or Trade-in a Car?

   www.kbb.com/car-advice/is-now-the-time-to-buy-sell-or-trade-in-a-used-car/

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   Is the average price for a new car on its way down?

   • The average price for a new vehicle is on its way down — but it’s not a straight drop — according to the latest sales figures. Transaction prices for new cars are higher now than they were one month ago, says car valuation site Kelley Blue Book (KBB), which analyzed average transaction prices (ATPs) for December 2023.

   Report: The Average Price of a New Vehicle - Clark.com

   clark.com/cars/average-new-car-price/

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   How much does a new car cost in December?

   • For new luxury vehicles, the average price was $62,523 — a less than 1% decrease compared to the previous month but an 8.8% decrease year over year. For new electric vehicles, the average price was $50,798 — down $1,564 from November’s revised figures. “In December, EV incentives reached their highest point of 2023 at 10.6% ATP.

   Report: The Average Price of a New Vehicle - Clark.com

   clark.com/cars/average-new-car-price/

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9. www.capitalone.com › cars › learnHow Will Your Car Costs Change in 2024? - Capital One

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   3 days ago · Auto Trends Affecting Car-Ownership Costs in 2024. On top of these potential drops in car-purchasing costs, consumer dollars could go further when making financial decisions at the pump as well. Year-over-year average gas prices dropped 5.6% between October 2022 and 2023, according to the Bureau of Labor Statistics. For reference, the average ...