‘Soccer mom’ minivans make major comeback as SUV prices skyrocket above $60K

Much maligned as an embarrassing mom-mobile, the minivan is making a comeback. The surge in minivan purchases comes as Americans enter a new era of higher car costs, with the average price of a new car hovering around $50,000. Crucially, minivans fall well below that median, while SUVs are hovering far above it. Minivans are roaring back into style, ditching their “mom-mobile” stigma for practical perks like lower costs and better fuel economy. Kyryl Gorlov – stock.adobe.com Large SUVs now average $67,000+, and minivans start around $40,000, a considerable differential that’s increasingly hard for consumers to ignore. According to Yahoo News, minivan sales jumped 21% in the U.S. last year, while the overall auto market grew just 2%. Meanwhile, gas prices continue to soar, and people are se