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Much of the reason Americans are paying nearly $50k for a car is that automakers decided to go all-in on expensive cars. The more they charge for a car, the more money they make off it.
In 2024, Kelley Blue Book named the Toyota Tacoma its best midsize truck of the year, and for good reason. With a 4.0 consumer rating and a 4.8 expert rating, the truck is a favorite across the board.
A recent Consumer Reports article indicated that used car prices have been falling as of mid-2024. In April, the average price for a used vehicle was $28,550, which was 10% lower than in April 2023.
With Kelley Blue Book reporting that the average buyer now pays well over $49,000 for a new car, no one could blame you for feeling like every vehicle on the market is overpriced. However, some ...
Transportation once came with relatively basic costs. Not anymore: the average price of a new car in the U.S. has skyrocketed to $50,000 — just $9,000 less than the average annual salary ...
President-elect Donald Trump is set to take office on Jan. 20. Once he takes the reins, a number of economic changes could ensue. Trump has proposed slapping tariffs on goods the U.S. imports from ...
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