Toyota execs think we’ll be paying $50,000 average transaction prices soon

Even relaxed observers of the automotive market have undoubtedly noticed how promptly the typical price of a new vehicle in America has risen given that the global Covid-19 pandemic. Virtually…

Cars leased in 2020 are worth an average $4,000 more than expected

Newsday Llc | Newsday | Getty Pictures 3.3 million vehicles ended up leased in 2020 An estimated 3.3 million leases were originated in 2020, in accordance to Edmunds. That’s 18%…

Average Car Loan Interest Rates by Credit Score

When you shop for a car, one of the biggest challenges can be finding a loan you feel comfortable with. Lots of factors impact what type of financing you can…

Ford Bronco Buyers Spend an Average of $1700 on Ford Accessories

The Ford Bronco and its smaller Bronco Activity sibling have captured a large enthusiast foundation because their current market debut. Of training course now that we are commencing to see…

Average new car loan hits a record $40,000 as vehicle prices surge

DETROIT — U.S. consumers are responding to surging costs for new cars and vans by heading deeper into financial debt, pushing the typical new car loan to a file-significant $40,290 all…

Gas price average slips below $4 in many parts of the country

This week’s gasoline rate report from AAA has a lot more very good information for consumers. After all over again, prices are down. The nationwide typical price tag for a…

Consumers paying average $10,000 above ‘normal’ prices for used cars

Jim Watson | AFP | Getty Photos It really is no solution that made use of-automobile price ranges have skyrocketed more than the last two a long time amid an…

$650 to More Than $700 Is Now Average for Monthly Car Payment

Spencer PlattGetty Visuals Depending on whom you talk to, the normal automobile buyer in the U.S. is spending $657 (Edmunds.com) or $712 (Moody’s) a thirty day period for their new…

Gasoline demand falters with average price on brink of $5/gallon

A Chevron station in Los Angeles. (Reuters)   Gasoline costs at all-time highs may well be setting up to put a dent on demand from customers at the pump. Yahoo…

U.S. Requires New-Vehicle Fleets to Average 49 MPG by 2026

New cars sold in the U.S. should typical 49 mpg fleet-large by 2026, according to new federal gasoline-overall economy specifications introduced currently. The Division of Transportation mentioned the new needs…