Business Insider
US · 1 hrs ago
✦ 78◉ Centre
Affordable vehicles are becoming harder to find for Americans
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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.
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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