New Car Prices Stayed Largely Steady in July
In July, the average buyer paid $48,841, down slightly from a revised $48,900 in June. That laves prices 1.5% higher than a year ago.
In July, the average buyer paid $48,841, down slightly from a revised $48,900 in June. That laves prices 1.5% higher than a year ago.
The wholesale prices dealers pay for used cars fell in July, which is often a sign that retail prices will fall soon.
Dealers paid less for used cars at auction in early July — often a sign that retail prices are set to fall soon.
Americans bought 6.3% fewer electric vehicles (EVs) in the second quarter of 2025 than they did in the first.
With fewer Americans shopping for new cars, lenders are loosening their standards, approving more loans and lower down payments.
The average new car buyer in America paid $48,907 in June, about $108 more than in May. Asking prices went down.
A new report says Toyota will raise prices by an average of $270 in July, but it’s not a response to tariffs.
Americans sped up their car shopping in spring as tariffs approached. Now that they’re here, fewer are buying.
Generation Z enters the car shopping process with more questions than its elders and seeks answers online. Members of Generation…
Car shoppers have more choices than a year ago. The average new car price is falling. And Americans are happier…