Average New Car Price 2024. On average, a new vehicle transacted for $47,542 in q3, compared to $27,177 for a used car โ€” a difference of $20,365. Since 2018, new car prices have soared 32% on average.


Average New Car Price 2024

By 2023, the average cost of a new ev was $53,376 or about 10% higher than the overall new car market. What drives new car prices.

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