Bottom line: Five years ago, the average new vehicle cost roughly $40,000. The current average of over $50,000 illustrates the rapid escalation of prices and the transformation of what constitutes a ...
Learn how inflation impacts car prices and explore whether modern vehicles are more expensive today than in the past, adjusted for inflation.
Trying to get your first car as a new driver can sometimes feel like a rite of passage. You save up, stress over every review, scroll through way too many models, and still end up second-guessing ...