The Average New-Car Buyer Isn’t 61. A $47,800 V8 Mustang Explains Why It Feels That Way
A podcast guest put the average new-car buyer at 61. Federal and industry data say younger, but the price of…
new car prices
169 Days of Jeeps, 35 Days of Toyotas: The Car Glut Lives on Certain Lots
Cox Automotive counted 82 days of new-car supply in September, below a year ago. The surplus sits with Jeep, Ram…
New Cars Now Average $50,562, a Measly $52 Short of the All-Time Record. Here’s What That Number Isn’t Telling You
The average new car price hit $50,562 in September, $52 below the record. Here is what Kelley Blue Book’s number…
The Average New-Car Payment Is Now $787, and a Quarter of Buyers Are Signing Up for 84 Months of It
The average monthly payment on a financed new car has reached $787. That’s not a...
Diesel Just Hit a Record $6.53. Before You Panic-Buy an EV, Read the Window Sticker.
Diesel hit a record $6.53 a gallon, but the lasting case for an EV is price. The EV premium fell…
Car Payments Just Hit a September Record of $821. Prices Barely Moved. Here’s Where the Money Went.
J.D. Power says the average new-car payment hit a September-record $821. Prices rose just 0.7% and rates fell, so the…
Buyer Alert: Washington Just Cut the 2031 Fuel Economy Target to 34.9 MPG. Here’s What It Means for Your Next Car
The Trump administration lowered the 2031 fuel economy target to about 34.9 mpg. Current owners don't need to do anything,…
Detroit’s Share of U.S. Car Sales Is Headed for a Record Low. Here’s What 36% Really Means.
Cox Automotive forecasts GM, Ford and Stellantis at just over 36% of third-quarter U.S. sales, the lowest on record. The…
Today in Automotive History: The 1970 GM Strike Began September 15 — and So Did the Next Two
The 1970 GM strike began September 15 and idled hundreds of thousands of workers. What it won still shapes what…
Clark Howard Just Killed His Famous Car-Repair Rule — And Blamed the Wrong Culprit
For the better part of two decades, if a mechanic’s estimate crossed half of what...
Why New Car Prices Climbed to $49,855 — It Wasn’t Really the Sticker
Every month a headline number lands, everyone recoils at how close new cars are to...
Sub-$20,000 Used Cars Are Basically an Endangered Species — Only 1 in 9 Three-Year-Olds Survives
A three-year-old Camry saved you $8,033 in 2019. It saves you $4,171 now. The real story in the iSeeCars data…
Used Cars Just Hit a Record $32,461 — and Your ‘Buy a Toyota, It Holds Value’ Advice Just Backfired
Buy a Toyota, the old advice goes. It holds its value. Three generations of car...
Used Car Prices Climbed Again in June. Turns Out the 2021 Chip Shortage Just Never Sent Its Final Bill
Cox Automotive has a word for what happened to used-car prices in June: “normalizing.” It’s...