The average new car costs $50,000. The average used car is $25,000. Insurance, repairs and maintenance are soaring. But America's car-centric habits also cost us in more subtle ways.
Used car prices are heading higher thanks to tariffs, supply chain slowdowns, and automakers cutting back on new vehicle options.
Spring and summer may be good times to buy a car as manufacturers overcome pandemic-related supply interruptions, but remember, good is relative. Yes, prices have come down from their pandemic peaks, ...
It's not hard to see how the Trump administration's tariffs on imported cars, parts, and materials can increase prices on new cars from the imported Chevy Trax to the American-built Ford F-150.
1- to 5-year-old used cars experienced their first 12-month price increase since 2 ½ years ago in October 2022 The average 1- to 5-year-old used car cost $31,624 in March 2025, up 1% ($317) from a ...
Consumer demand for new and used vehicles bounced back in October after a slight dip in September, as prices continue to drop, according to new data. CarGurus, an online new and used vehicle shopping ...