Car prices are trending up and the average cost of a new car is at an all-time high, approaching the $50,000 mark for the first time. The average transaction price for a new vehicle in October was $49 ...

A growing number of consumers are shying away from the new car market as prices increasingly become out of reach. But used cars aren't offering much relief either, according to auto industry experts.

Sticker shock on new vehicles is now colliding with a new kind of long-term debt: the nearly 10-year car loan. New-vehicle ...

(CNN) — Despite billions in tariff costs for imported autos and parts, new car prices have stayed relatively flat. But the news isn’t as good for car owners taking their vehicles to the repair shop.

(CNN) — Prepare for automotive sticker shock next year – again. Average new car prices briefly topped $50,000 in September for the first time, before slipping back under that level in October. But now ...

New York (CNN) — New car buyers can expect to shell out an average of more than $50,000 for the first time, according to a report from Kelley Blue Book. The average price customers paid for a new ...

With car prices chugging higher in the US, it was only a matter of time before window stickers crossed the $50,000 mark. According to Kelley Blue Book (KBB), the average transaction price of a new ...