Sticker Shock Is No Joke for Car Buyers
The average price for a new vehicle reached $47,077 in December 2021, which amounts to a 14% price hike in just one year. Perhaps more startling, the average price paid for a nonluxury vehicle was $900 above the Manufacturer’s Suggested Retail Price (MSRP), otherwise known as the sticker price.1 Most people who have shopped for […]
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