The Savage Nation – MichaelSavage.com – The average car price just topped $50,000
Americans are driving straight into a new era of higher car costs.
The average price of a new car is drifting toward $50,000 as Kelley Blue Book data revealed the American new-car buyer paid $49,220 in May. However, the car’s listing price was $51,595, so buyers walked away with a deal.
Other reports from Cars.com confirmed that prices are rising, revealing that the average sticker tag is just above $50,000. And rates are only growing, as data from Kelley Blue Book shows a 1.2% year-over-year increase.
Despite the daunting price tag, there are still affordable buys. In fact, many are even American-made with a much prettier price — all under $35,000.