New car prices soar to historic high as buyers face mounting sticker shock

foxbusiness.com/economy/new-car-prices-soar-historic-high-buyers-face-mounting-sticker-shock

Car prices are trending up and the average cost of a new car is at an all-time high, approaching the $50,000 mark for the first time.
The average transaction price for a new vehicle in October was $49,105, according to data from Edmunds. That represents a year-over-year increase of…

This story appeared on foxbusiness.com, 2025-11-22 12:00:22.
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