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Buyers fret as the average cost of a new car nears $50K

The average cost of a new car is approaching $50,000, marking a 30% increase in just six years. With fewer affordable options and high inflation, many buyers are opting for longer loan terms. Discover how these trends are reshaping the auto...

AP News· Apr 11, 2026 · 1:54 PM · 1 views

The average cost of a new car is approaching $50,000, marking a 30% increase in just six years. With fewer affordable options and high inflation, many buyers are opting for longer loan terms. Discover how these trends are reshaping the auto market and impacting consumer finances. #CarPrices #Inflation #AutoMarket #Economy #NewCars

Originally reported by AP News. Read the full story →

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