Sticker Shock! The Average New Car Price Is Now Over $40k
Sticker shock is a real thing. The average new car price in the US is now over $40,000.
To me, these kinds of prices are strange considering the US is trying to recover from the worst economic turndown in decades due to, well you know. In South Dakota, we have been largely isolated from the worst of it, but many other states are struggling to bounce back.
In spite of that, Kelly Blue Book says the average new car price for January came in at $40,857. That s up 5.5% or $2110 from January 2020. The average new car payment is $581 per month.