New Car Shoppers Face Harsh Price Reality, Report Finds

Nov 20, 2024 · Nearly half of new-car shoppers surveyed said they’d like to spend $35,000 on a new car — the average transaction price around 2018. And 14% want to spend $20,000 or …

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New Car Shoppers Face Harsh Price Reality, Report Finds

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Nov 20, 2024 · Nearly half of new-car shoppers surveyed said they’d like to spend $35,000 on a new car — the average transaction price around 2018. And 14% want to spend $20,000 or …

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Latest Car Insurance News

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New Car Shoppers Face Harsh Price Reality, Report Finds Surveyed car shoppers looking to spend $35,000 or less on their next vehicle face average transaction prices over $47,000, …

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Insurance Rate Reporter

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Nearly half of surveyed new-car shoppers aim to spend $35,000 on a new car, reflecting average transaction prices from 2018. However, as of July 2024, the average transaction price was …

insuranceratereporter.com

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New Car Shoppers Face Harsh Price Reality, Report Finds | Insurify

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Nov 20, 2024 · Nearly half of new-car shoppers surveyed said they’d like to spend $35,000 on a new car — the average transaction price around 2018. And 14% want to spend $20,000 or …

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2025 Trends: Car Prices Remain Stubbornly High In New Year And ...

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Dec 17, 2024 · 2025 Brings Challenges for Used Car Shoppers, Forcing a Potential Shift Towards New Cars. The average new-vehicle price has leveled off at $49,000, slightly below its June …

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Personal Auto Rates Up 17% In First Half, With More Growth In Store

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Jul 28, 2023 · 10. Nebraska Auto insurance premiums in the state increased an average of 23% during the first half. Credit: Shutterstock.com 9. Texas Auto insurance premiums in the state …

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RIVER ROAD CAR WASH - Updated January 2025 - Yelp

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30 reviews and 7 photos of RIVER ROAD CAR WASH "True hand wash car wash for those who are fussy about their cars. Paid $12 plus tax and tip for exterior wash and inside vacuum and …

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What Virginia’s New, Higher Car Insurance Requirements Mean For …

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Dec 18, 2024 · Insurify analysis predicted a 22% nationwide average increase in auto insurance costs in 2024. Costs had already spiked 15% by the year’s midpoint, according to Insurify’s …

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FAQs about New Car Shoppers Face Harsh Price Reality, Report Finds Coupon?

What challenges will the auto market face in 2025?

Loan delinquencies are high, while used vehicle values have fallen from record highs in the past two years, making it more difficult for consumers to sell or trade out vehicles. While inflation is cooling, sticker shock and affordability in the auto market remain key challenges for 2025. ...

Why are new EVs so expensive?

On the new-car front, EV inventories increased by 35% year over year, although price sensitivity remains a challenge — new EVs are priced $13,000 above the average new car.1 An overproduction of EVs has left dealer lots with extra inventory to unload, causing automakers like Ford and GM to slow production to find the right mix for shoppers. ...

Why are used cars so difficult to sell?

“Further complicating matters, many consumers are struggling financially. Loan delinquencies are high, while used vehicle values have fallen from record highs in the past two years, making it more difficult for consumers to sell or trade out vehicles. ...

How is cars driving the future of automotive retail?

CARS is driving the future of automotive retail with innovative digital marketplace solutions for consumers, dealer customers and major automotive manufacturers. ...

What cars does a Rolls-Royce dealer sell?

In fact, the dealer specializes in many other high-end and luxury vehicles; Primarily, the Bentley, Lamborghini, Aston Martin, Maserati, and of course, the Rolls-Royce. When it comes to Rolls-Royce, they offer all the latest models; including the Cullinan all-terrain SUV, the near-silent Phantom, and the mega-popular Ghost. ...

Why are used EV prices falling?

The EV market continues calibrating to consumer demand, driven by growing inventories and declining used-EV prices. In 2024, used-EV prices dropped more than twice as fast as the broader used-car market, making them more accessible to a wider range of consumers. ...