What Would You Buy for $40,573, the Average New Car Price?
Mack Hogan
© Chevy
The average new car transaction price passed $40,000 for the first time last December. What new car would you take home with that kind of budget?
In December 2020, the average new-car transaction price crested $40,000 for the first time ever. According to data from Edmunds, buyers paid an average of $40,573 for their new rides in December, nudging the fourth-quarter average to a similarly stunning $40,179. That's likely driven by the ever-increasing share of more-expensive CUVs, luxury vehicles, and loaded-up trucks.
That's not really what we're about, though. As car enthusiasts, we at

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