The average new car price hit a record
$45,000 in September
Fox Business,
by
Gary Gastelu
Original Article
Posted By: NorthernDog,
10/14/2021 8:35:37 AM
As new vehicle sales continue to decline, sale prices keep going up. A new study from Kelly Blue Book found that the average price paid for a vehicle in September it an all-time record of $45,031 as discounts dwindle and buyers in the market gravitate toward high-end models. "The record-high prices in September are mostly a result of the mix of vehicles sold," Cox Automotive analyst Kayla Reynolds said. "Midsize SUV sales jumped in September compared to August and full-size pickup share moved up as well. Sales of lower-priced compact and midsize cars, which had been commanding more share during
Reply 1 - Posted by:
WhamDBambam 10/14/2021 8:54:17 AM (No. 945129)
Let's go Brandon!
10 people like this.
Reply 2 - Posted by:
SilkCity 10/14/2021 8:57:26 AM (No. 945130)
Forcing you to mass transit, or not traveling at all.
Right from their playbook.
17 people like this.
Reply 3 - Posted by:
red1066 10/14/2021 9:18:20 AM (No. 945143)
And now you know why used car prices are going through the roof. I'm constantly getting e-mails and phone calls from dealers about trading in my wife's 2018 Mazda and my 2020 Audi for a newer model at what they claim will be a lower monthly payment. My wife loves her car, and we've just got the Audi last year. So no. I'm not interested in trading in the cars. We generally keep our cars for eight or nine years before looking for a new one.
6 people like this.
Reply 4 - Posted by:
Ribicon 10/14/2021 9:37:23 AM (No. 945171)
You'll own nothing and you'll like it, say our leaders. We not only allow it, but we pay for it too.
5 people like this.
Reply 5 - Posted by:
downnout 10/14/2021 10:34:41 AM (No. 945237)
We have a 2012 and still haven’t hit 37,000. miles. Will keep it forever.
4 people like this.
Reply 6 - Posted by:
MDConservative 10/14/2021 10:50:14 AM (No. 945253)
So, is that number the average new CAR price, or VEHICLE, which includes SUVs and trucks? Isn't it astounding that during a period of high prices demand is such that prices skyrocket? Funny that "Sales of lower-priced compact and midsize cars, which had been commanding more share during the summer, faded in September." Frankly, how many run-down cars on their last miles forced owners to go buy a new Escalade? Guess not everyone is hurting too badly.
2 people like this.
Reply 7 - Posted by:
ladydawgfan 10/14/2021 11:06:32 AM (No. 945269)
My dad's 2012 Toyota has around 45k miles and my 2017 Toyota has around 19.5k miles. He keeps getting pestered by dealerships to trade his car in for a new model (I've been lucky so far), but his is paid off and he doesn't want to take on any more debt at this time in his life.
Needless to say, we are both keeping our cars.
8 people like this.
Reply 8 - Posted by:
john56 10/14/2021 11:07:27 AM (No. 945271)
My wife has it in her craw that her 2008 Mercury needs to be replaced before new car prices really become unaffordable. One of the dealers we went to said that the car we were looking at was priced at $4000 over sticker price. Another car they had was a one year older model, still pretty hefty priced. And we found out that car was traded in and had the transmission rebuilt by the dealer. And only about two or three thousand under the original sticker price. I'm gonna keep my 2005 running until the wheels fall off.
3 people like this.
Reply 9 - Posted by:
Bur Oak 10/14/2021 12:19:43 PM (No. 945371)
My firest house was five years old, 3 bedrooms, bath and a half, with a two car garage. It cost $19,500. Sold it two years later for $22,500. Never have, never will own a $30,000+ car. Recently bought a used car for $14,000.
3 people like this.
Reply 10 - Posted by:
Timber Queen 10/14/2021 1:10:03 PM (No. 945422)
I love my "Cherokee Sue" - 1996 Jeep. I bought her used in 2000 with 118,000 miles for $11,000. She's at 311,000 miles now. The biggest repair job was the read-end differential about 15 years ago. Five years ago we put in $5,000 to get all manner of things fixed; AC, new radio, transmission work, etc. TK spruced up her bumpers and painted the wheel hubs silver. This summer we replaced the weather stripping on all the doors. She got me safely through 14 inches of snow, un-plowed on our gravel road over the ridge and down to the highway. Cherokee Sue is the most reliable vehicle I've ever owned and fun to drive. I will never sell.
TK drives a 2017 Grand Cherokee that has also proven to be an excellent purchase. With 25 mpg highway in a 25 gallon tank we can drive to southern Cal without stopping for gas. We love Costco gas stations! He ain't selling.
The king of the fleet is TK's 1996 red Dodge truck with the 8-foot bed. The cab has the bench seat in the back. He's gotten offers in the Home Depot parking lot. He ain't selling.
6 people like this.
Reply 11 - Posted by:
DVC 10/14/2021 1:23:40 PM (No. 945438)
Marxists are control freaks. It causes them serious discomfort to see the huge middle class able to hope in a nice vehicle, fill the tank up with gas and drive 500 miles, then fill it again for $40 in 5 minutes and drive another 500 miles in a day, all in affordable comfort.
They REALLY hate that you have this freedom and they want it stopped. This freedom should only be available to the top political officers and their families, just like their nirvana, the USSR.
6 people like this.
Reply 12 - Posted by:
BeatleJeff 10/14/2021 3:38:13 PM (No. 945564)
My parents bought their first house in 1969. The price was $29,000. The idea that a car today is approaching nearly double the.price of a house in 1969 is to me incredibly obscene.
4 people like this.
#12, if you consider these poor b-tards are buying a place to live, it might make sense.
2 people like this.
Reply 14 - Posted by:
dickiedeeb 10/15/2021 1:26:19 AM (No. 945987)
F- new cars my 96 toyota pickup i keep tip top maintaining it myself got manual windows and a manual transmission and no GPS so the commiescum cant track where i go And even 5/gal gas dont hurt me So keep your new garbagewagon crap
3 people like this.
Reply 15 - Posted by:
homefry 10/15/2021 8:33:40 AM (No. 946207)
I remember a guy way back in 1970 complaining that his new vette cost 6500 bucks.
1 person likes this.
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If you're still driving a Chevy Monza, you may have to keep it rolling. Anything better will cost a fortune.