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Car sales

After years of not being able to get them, Americans want their wheels — no matter the cost

by Stephanie Hughes
Jul 6, 2023
New light vehicle sales, including cars, SUVs and pickups, were up about 20% in June from this time a year ago.
Lots of consumers feel confident they’ll have the money to buy vehicles they might have once considered unaffordable.
Mario Tama/Getty Images
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I've Always Wondered ...

How do carmakers set the "manufacturer’s suggested retail price"?

by Janet Nguyen
Apr 28, 2023
Every car has one, but what you actually pay may differ from this amount.
A car's sticker price communicates its worth — but there might be better deals out there.
David McNew/Getty Images
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New cars have been a seller's market, but that's changing

by Savannah Maher
Apr 13, 2023
In March, the average new car sold for $171 below asking price, according to Kelley Blue Book. But that's still higher than before COVID.
A year ago, the average new-car buyer was paying close to $1,000 over sticker price. But with the semiconductor chip shortage easing, some automakers are ramping up production, says Rebecca Rydzewski of Cox Automotive.
Mario Tama/Getty Images
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What's driving car prices ever higher?

by Kristin Schwab
Apr 6, 2023
The new entry-level price for a new vehicle is $25,000, auto research site Edmunds says.
Ford is one automaker that has moved its focus from smaller, more affordable sedans to trucks and SUVs.
Mario Tama/Getty Images
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New car sales have slowed amid higher prices and interest rates

by Mitchell Hartman
Mar 6, 2023
There are plenty of cars on lots, unlike a year ago. It's buyers who are in short supply.
Supply is higher than it has been, but new car prices are averaging around $50,000 and interest rates remain elevated. That means many buyers are staying away.
Justin Sullivan/Getty Images
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Automakers have a lot more chips now, but buyers may be in short supply

by Savannah Maher
Jan 3, 2023
Dealers are figuring out how to balance the supply of vehicles with softer consumer demand.
Rising prices and interest rates have pushed buyers into the used vehicle market or out of the automotive market entirely.
Mario Tama/Getty Images
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The minivan is kind of making a comeback this summer

by Kai Ryssdal and Sean McHenry
Jun 22, 2022
As travel picks up, the minivan is seeing a surge in popularity — and not just with families.
Looking to buy a minivan? Buckle up because prices have increased dramatically.
Saul Loeb/AFP via Getty Images
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Car dealerships short on cars, going big on prices

by Benjamin Gottlieb
Dec 17, 2021
A dealer in the Los Angeles area describes bidding wars for the few vehicles that are on the lot.
Theo Ebert, right, and Lee Dibble stand on the empty new car lot at Vista Ford Lincoln in Woodland Hills.
Benjamin Gottlieb
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Shopping for a new car is hard — and may stay that way

by Savannah Maher
Dec 14, 2021
The global chip shortage. Supply chain headaches. Empty dealer lots and sky-high prices. New car shopping isn't for the faint of heart.
An aerial view of a Ford dealership in Richmond, California, shows a nearly empty sales lot.
Justin Sullivan via Getty Images
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After a wild year, the used-car market may be returning to normal

by Samantha Fields
Jul 20, 2021
Inventory is rising as people sell extra vehicles to take advantage of high prices and dealerships make enticing trade-in offers, experts say.
The number of available used cars for sale is creeping back up after low inventory. Prices for the vehicles may peak this month.
Jim Watson/AFP via Getty Images
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