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The average price of a new car rose above $41,000 ... (Photo by Joel Lerner/Xinhua via Getty) (Xinhua News Agency via Getty Images) J.D. Power predicts total new vehicle sales in 2021 will reach ...
In more recent studies, the average fuel economy for new passenger car in the United States improved from 17 mpg (13.8 L/100 km) in 1978 to more than 22 mpg (10.7 L/100 km) in 1982. [6] The average [a] fuel economy for new 2020 model year cars, light trucks and SUVs in the United States was 25.4 miles per US gallon (9.3 L/100 km).
Kelley Blue Book says that the average American would need to work 37.4 weeks to pay off the average new car sale price. That's better affordability than America has seen since August 2021.
Used car prices rose more than 40% annually in both June and July 2021, and again in January and February 2022. Prices for used cars and trucks are still 16.9% higher than in July 2019.
In 2020 the average light-duty automobile, including light trucks, in the US had a fuel economy rating of 23.0 MPG or 10.2 liters per 100 kilometers. [20] The average fuel economy for passenger vehicles in the United States remained stagnant throughout the 1990s and 2000s, peaking in 2001 and 2004.
Prices inflation adjusted to 2008 dollars. In 2002, a committee of the National Academy of Sciences wrote a report on the effects of the CAFE standard. [2] The report's conclusions include a finding that in the absence of CAFE, and with no other fuel economy regulation substituted, motor vehicle fuel consumption would have been approximately 14 percent higher than it actually was in 2002.
Automakers offered 36 car models within that price range, as of five years ago. That number dropped to 10 in 2023. Kelley said cars priced at $60,000 and up jumped 163%.
The average price of routine maintenance for a medium sedan was 10.64 cents per mile in 2022, according to AAA. Your own costs may vary based on your vehicle type, repair costs in your area and ...