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According to Kelley Blue Book, the average cost of a used car in October 2023 was $26,533, while a new car could be bought for the average price of $48,334. Even with those seemingly high rates ...
New car prices fell 0.2% in July and 1.4% from the prior year. ... GM, in particular, is only expecting modest drops in average transaction price. There is good news for used car dealers: ...
New car prices have been falling for most of 2023, with the average new car selling for $47,936 in October, Kelley Blue Book reported. Overall, new car prices are down 1.4% since October 2022 and ...
Used car prices fell by 10.9% over the past year, marking the third-largest drop in prices across all goods and categories that the CPI tracks. Rental and new cars also got cheaper, with prices ...
The average price of a new car has climbed steadily over the past couple of years. Due to supply chain issues during the pandemic, car prices went up -- and never really stopped. See: 25 Sneaky Car...
But the average transaction price for gas-powered cars in July was still cheaper at $48,401, ... As of May 2024, the average price for a used EV was $28,767, per an iSeeCars.com study.
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