Buying a new car in the U.S. has never been more expensive

m.knox

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Aug 20, 2003
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https://www.cbsnews.com/news/new-used-car-price-kelley-blue-book/
 

LioninHouston

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Dec 12, 2005
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"Research released by the motor club Thursday found that owning a vehicle typically costs a driver $10,728 a year, or $894 a month."

I sure like not having a car payment.
We are buying one for my wife, but I sure wish we didn’t have to. However, it takes forever to get a new car, once you decide what you want. There are no new cars, depending on which manufacturer you choose.
 

palmettolion

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May 22, 2014
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I just ordered a 2023 Ranger XLT with a few upgrades but far from the top of the line Lariat. After employee discount it’s a few hundred under 40k.

Not sure if I'm keeping it or flipping it.
 

jjw165

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Jan 18, 2005
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Used car sales are starting to drop for some models, but retail sales prices usually lag by 4-6 weeks.
Take a look at the last 8 weeks of wholesale car prices:

+0.10% the week of June 20

-0.02% the week of June 27

-0.15% the week of July 4

-0.35% the week of July 11

-0.45% the week of July 18

-0.47% the week of July 25

-0.86% the week of August 1

-0.89% the week of August 8
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