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Business Insider
Business Insider
US · 1 hrs ago
78◉ Centre
Affordable vehicles are becoming harder to find for Americans
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Accuracy 78/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline

Car prices in the US have risen significantly, with new vehicles averaging over $50,000 in April, making affordable vehicles increasingly scarce in both new and used markets according to CarGurus data.

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Affordable vehicles are becoming harder to find for Americans
Car prices have jumped in the new and used markets, according to CarGurus data. Michael Yanow/NurPhoto via Getty Images Car prices — both for new and used vehicles — are rising again, according to data from CarGurus. The average price for a new car jumped past $50,000 in April. Gas prices are also changing some car-buying habits, including a spike in interest for hybrids. Looking to buy a cheap car? Good luck. Affordable vehicles — new or used — are becoming harder to find in American dealersh
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