Kelley Blue Book reports that the average sale price of a new vehicle has hit a record high over $50,000 Rising new car prices have consumers looking at the used market more closely The average ...

The average price of a new car in America topped $50,000 for the first time last month, driven by a surge in sales of expensive electric vehicles and luxury models. U.S. car buyers paid an average of ...

Bottom line: Five years ago, the average new vehicle cost roughly $40,000. The current average of over $50,000 illustrates the rapid escalation of prices and the transformation of what constitutes a ...