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Car shopping

Car prices are still stubbornly high

by Kristin Schwab
Aug 21, 2023
$20,000 used to be the starting point for a new car. Now there’s only one remaining model on the market that sells for around that figure … the Mitsubishi Mirage.
More consumers and carmakers are focused on bigger, more expensive cars. And with the pandemic chip shortage, the average price of a vehicle has ballooned to $50,000.
Mario Tama/Getty Images
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The Season

Black Friday could be a good time to go car shopping

by Jack Stewart
Nov 25, 2019
Low interest rates and plenty of cars on lots could mean deals.
Car dealer lots have plenty of unsold inventory.
Justin Sullivan/Getty Images
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