2025 Trends: Car Prices Remain Stubbornly High in New Year and ...

Dec 17, 2024 · The average new-vehicle price has leveled off at $49,000, slightly below its June 2023 peak of $50,300, a small but encouraging shift since prices began accelerating in spring …

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2025 Trends: Car Prices Remain Stubbornly High In New Year And ...

3 weeks from now

Dec 17, 2024 · The average new-vehicle price has leveled off at $49,000, slightly below its June 2023 peak of $50,300, a small but encouraging shift since prices began accelerating in spring …

cars.com

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New Car Price Trends In 2025: Average Selling Prices Hold Steady

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6 days ago · The average price for a new car is $48,978 in January 2025. New car prices have remained near record highs since 2022. Year-end car sales have ended, likely leading to a …

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New Car Prices Hit A Record High In August, But Several Brands Have ...

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Sep 13, 2022 · The average transaction price for a new car hit a record $48,301 in August as supplies remain scarce and automakers shift toward more profitable models.

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New Vehicle Prices Hit Record High Of Nearly $49,000 — Where …

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Dec 13, 2022 · The average transaction price, or ATP, for a new vehicle in the United States hit a record high of $48,681 in November 2022, according to a new report from Kelley Blue Book. …

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Predictions For 2025: New Car Prices Fall As Incentives Rise

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Nov 27, 2024 · Over the past five years, new car prices have surged by 27%, and remain just shy of the record highs we saw in late 2022. So, will car prices drop in 2025? To get a glimpse of …

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New Car Prices Remain High Despite High Inventory. Here's Why

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Jul 17, 2024 · Ryan points to "structural increases in car prices" leading consumer pressures: "We're still up over 30% from pre-COVID. So there's sticker shock for people who have bought …

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How Much Is Too Much? New Car Buyers Face Record-high

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11 hours ago · Loan amounts hit new highs Consumers also borrowed more than ever to finance their vehicles. The average loan amount for new cars reached $42,113 in Q4 2024, a …

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Trump’s Tariff Plan Will Raise Prices Of Affordable Cars - WSJ

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Dec 26, 2024 · Trump’s Tariff Plan to Hit Affordable Cars the Hardest The U.S. car industry has a ‘big case of anxiety’ about the president-elect’s proposed 25% tariff on imports from Mexico …

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FAQs about 2025 Trends: Car Prices Remain Stubbornly High in New Year and ... Coupon?

Are new car prices still high?

After four years of tumult, the car market is finally starting to resemble normalcy – at least in terms of seasonal price fluctuations and dealership lot inventory. Yet, as any car shopper knows, new car prices remain high. Over the past five years, new car prices have surged by 27%, and remain just shy of the record highs we saw in late 2022. ...

Are Americans still paying more for a new car?

Despite signs of easing inflation, Americans in the market for a new car are still paying more than they’ve ever paid before. The average transaction price, or ATP, for a new vehicle in the United States hit a record high of $48,681 in November 2022, according to a new report from Kelley Blue Book. ...

Are new car inventories getting better?

New car inventories are finally starting to improve after months of severe shortages, but prices continue to rise. The average transaction price paid in August was a record $48,301, according to the latest data from Kelly Blue Book. That was up from $48,080 in July and marked the fifth-consecutive monthly record. ...

Why are used car prices so high?

Experts explain that used car prices have soared, pushing the national average monthly auto loan payment to $729. This is prohibitively high for many families earning the median U.S. household income, making it difficult for them to afford the average new car payment and cover necessities like housing, food, and utilities. ...

Why are new-vehicle prices so high?

What’s more, auto retailers don’t expect supplies to increase sharply any time soon, and that implies high new-vehicle prices are still here to stay. New vehicles are in short supply, tied to a shortage of computer chips. ...

Why are new cars so expensive?

New vehicles are in short supply, tied to a shortage of computer chips. That’s driving high new-vehicle prices, and as long as customer demand outstrips the available supply, there’s little motivation for dealers or automakers to offer generous discounts. ...