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Average U.S. New Car Price Surpasses $50,000—An All-Time High
Posted on 10/14/25 at 10:13 am
Posted on 10/14/25 at 10:13 am
quote:
The average price for a new vehicle in the U.S. is now above $50,000 for the first time ever, according to Kelley Blue Book, which noted the all-time high pricing has not stopped electric vehicle sales from soaring.
quote:
Average transaction prices for new vehicles hit $50,080 in September, the report released Monday found, rising 2.1% from August and 3.6% year-over-year.
New vehicles’ average price sat around the $40,000 mark five years ago, not long before prices began skyrocketing amid a semiconductor chip shortage.
Average new-vehicle manufacturer’s suggested retail prices (MSRPs) also hit an all-time high last month, reaching $52,183, up 4.2% from the same period last year.
Average transaction prices were “likely” pushed up by a “rich mix of luxury vehicles and expensive EV models,” the report said, estimating that electric vehicles’ share of the U.S. market reached a record high of 11.6% in September.
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Posted on 10/14/25 at 10:17 am to RLDSC FAN
They'll reap what they've sown. Inventory is stacking up everywhere.
Posted on 10/14/25 at 10:17 am to RLDSC FAN
I ain’t buying
Posted on 10/14/25 at 10:18 am to RLDSC FAN
What kind of man would drive a car? 
Posted on 10/14/25 at 10:20 am to DownshiftAndFloorIt
quote:
They'll reap what they've sown. Inventory is stacking up everywhere.
They aren't very inclined to drop their prices at the dealerships. They've already paid for it at the higher price, so they aren't inclined to take a loss. Back in 2015 when I bought my F-150, Hollingsworth Richards had a 2013 Ford Platinum. The salesman said they had to keep decline low-ball offers because it was a $55k truck. Not if you don't sell it.
Posted on 10/14/25 at 10:20 am to DakIsNoLB
Dealer margins are lower than they have been. Its production and component cost, not margins.
Posted on 10/14/25 at 10:22 am to el Gaucho
An analogue based car would avoid chip prices, avoid dealer computer update charges, avoid un needed repair expense . What's not to like?
Posted on 10/14/25 at 10:22 am to RLDSC FAN
I want to know where everyone is getting this money from. Is the majority of the country in debt up to their eyeballs?
Posted on 10/14/25 at 10:24 am to DakIsNoLB
They will when the whole industry as it exists today grinds to a stop. It basically has already.
Posted on 10/14/25 at 10:24 am to RogerTheShrubber
quote:
Dealer margins are lower than they have been. Its production and component cost, not margins.
I was told by my uncle who works at a Toyota dealership if they can make $500 on the sale of a car, that's a win. Are they doing worse than that now?
Posted on 10/14/25 at 10:24 am to RLDSC FAN
Bought a brand new 2025 Honda CRV base model for 32k cash
Posted on 10/14/25 at 10:24 am to DownshiftAndFloorIt
quote:
They'll reap what they've sown. Inventory is stacking up everywhere.
While true, the biggest thing going for new cars is an interest rate that’s about 50% of used car rates
Posted on 10/14/25 at 10:25 am to DakIsNoLB
quote:
They aren't very inclined to drop their prices at the dealerships. They've already paid for it at the higher price
I thought most dealer lots were on the "floor plan" deal where they have 90 days to sell before buying.
Posted on 10/14/25 at 10:25 am to RLDSC FAN
The only way to temper corporate greed is with consumer self control.
Posted on 10/14/25 at 10:25 am to Trevaylin
quote:
An analogue based car
Would be cheaper. 38% on a 20k car isn't nearly as attractive as 38% on a 75k car. You don't build cheap stuff when your expensive stuff is selling quicker than you can make it.
Of course, that approach is going to bite their entire arse all the way off pretty soon here.
Posted on 10/14/25 at 10:26 am to DakIsNoLB
quote:
I was told by my uncle who works at a Toyota dealership if they can make $500 on the sale of a car, that's a win. Are they doing worse than that now?
Their margins are half what they were a few years ago.
Posted on 10/14/25 at 10:26 am to Shexter
quote:
I thought most dealer lots were on the "floor plan" deal where they have 90 days to sell before buying.
I don't know that one way or the other; my anecdote was a truck that had sat on the lot for 2 years. It could very well be true.
Posted on 10/14/25 at 10:27 am to RogerTheShrubber
quote:
Their margins are half what they were a few years ago.
Dang. That's ugly.
Posted on 10/14/25 at 10:27 am to UnluckyTiger
quote:
I want to know where everyone is getting this money from. Is the majority of the country in debt up to their eyeballs?
Yes
I finance everything and it doesn’t bother me at all.
Posted on 10/14/25 at 10:28 am to DakIsNoLB
COVID stupidity fricked up some markets for the foreseeable future.
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