How Are We Feeling About The Automotive Market These Days?
The Truth About Cars
MARCH 18, 2025
Dealer markups may have abated to a degree, with discounts starting to manifest, but we dont really seem to be encountering the kinds of reasonable pricing North America enjoyed prior to 2020. The average transaction price of a new car was about $28,800 in 2005, $34,500 in 2015, and had ballooned to $40,100 by 2020.
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