How Much Does a New Car Cost?

Car Smarts / By

Data from Kelley Blue Book puts the average cost of a new car at $48,008 as of March 2023. That’s 1.1% lower than the average price in February, which was $48,558. However, there was a 3.8% increase in transaction prices in the last 12 months. According to Kelley Blue Book, 17 of the 23 vehicle …

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