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Must be all those crypto lambos. A humble new Honda is $19,000. Incidentally that's also about the average for used cars. People are holding on to their cars l
by recuter 5y ago
Must be all those crypto lambos.
A humble new Honda is $19,000. Incidentally that's also about the average for used cars. People are holding on to their cars longer and longer nowadays, and most don't buy new.
The "avg new car price new huge number" is a meme news story. Markets are wrapped due to supply chain issues from covid, Ukraine war, and inflation.
You should compare apples to apples.
- dawnerd 5y agohttps://mediaroom.kbb.com/2019-06-03-Average-New-Car-Prices-Up-Nearly-4-Percent-Year-Over-Year-for-May-2019-According-to-Kelley-Blue-Book https://mediaroom.kbb.com/2019-06-03-Average-New-Car-Prices-... Still almost 40k in 2019.