New cars are crazy expensive but, if you're careful, they don't have to be | CNN Business

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After years of parts shortages, the average price people paid for a new car in America only recently dropped back below sticker. But this ignores a larger issue: Even pre-pandemic, sticker prices were steadily ticking higher as buyers load up on options.

Two decades of historic data from auto website Edmunds.com indicates that options are the biggest driver in rising vehicle prices — and that it’s been happening over many years. “Overall, the average price gap between base models and vehicles as optioned up by customers has soared, rising from 24.6% in 2002 to 38.1% in 2022.

Overall, the average price gap between base models and vehicles as optioned up by customers rose from 24.6% in 2002 to 38.1% in 2022. has been growing steadily among trucks and SUVs for the last 20 years. Surprisingly, the gap has been growing fastest in GMC’s heavy-duty trucks, usually thought of as serious work vehicles. The average price of a GMC Sierra 2500 HD, as sold, is now double the base price.

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Man.... don't believe this shit. I work in the automotive manufacturing business. My employer went from 600 cars a day to 400. They're producing slightly less these days. They know what they're doing. Manufactured scarcity.

Okay

I don't have to pay for new cars anymore not after I learned about defi and the bots that pump it. DefiBotPumpKiller is an app me and my family developed that uses simple complex strategies to eliminate Bot waste and the accounts that pump it, not he bots who peddle it.

Well, you should visit Nigeria and see if it drops here or not

Don't forget one of the big reasons cars are getting more expensive: fuel efficiency standards (also making cars less reliable & more expensive to repair).

That is not a car, that is a pickup truck.

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