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average cost of a new car nears $50K
People choose those cars. They have the money. Otherwise they would buy smaller cars.
Wouldn't it have been nice if the US had a mass-transit system like Europe or China? Oh well.
Don't worry... that extra cost gets you more LCD displays and the ability to pay for a heated seat subscription.
It's fine. They'll take away all the stalks and buttons to keep the prices from rising top fast.
In Europe physical buttons and stalks are coming back for the key interactions, even on the fully electric 20k EUR Renault, might be because without them, cars get downgraded in their safety score, as they should. But then, you also get downgraded for producing a car that is more dangerous to pedestrians than it needs to be. None of that appears to be much of an issue for US car safety organisations or regulators.
I'm 60, I've never bought a brand-new car, and I doubt I ever will.
The car I'm driving now, which is two years newer than the car I drove for 18 years, is a 2006. I paid $6000 for it about eight years ago, and I'm very happy with it.
Yep, I find it insane people who buy a new car every few years. Cars don't just die after 4 or 5 years of use. Most of my Toyotas have 300k miles on them and are early 2000s. They will last way longer than most people assume. Just maintain the damn things.
My car is 46 years old. Average vehicle in Australia is 10-12 years old. People who exclusively lease new cars are nuts! Assuming petrol is still around I'll keep my car going as long as I can - and even then I'll only swap an electric drivetrain into it. There's nothing wrong with the rest of the car
As the owner of an 01 Tacoma I can confirm, the damned thing is basically a modern Model A/T. It has a good chance of lasting 500,000 miles and being resurrected afterwards.
I got 400k miles on my current truck. I need to do some repairs to the frame, but I'm going to keep driving it because it's still cheaper to keep it running than deal with a new truck that also needs money put in to it to fix factory design defects.
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This supports my hypothesis that living in the city with buses and trains is worth the higher costs.
We sold our car and moved to a modern developed city. Only been in on taxi in 8 months, but we ride the trains every day and walk to the local stores for most things. It works great and I would hate to go back to a car centric old world place.
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I’ve been saying this for years but it has taken the current political environment for people to not treat me like an idiot for thinking it.
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Car prices will rise until all cars are self driving and nobody can afford to own them so you will rent driving time when you need transportation. This rental time will be even more expensive than ownership but it will be all you can afford.
You will get deals from driving subscriptions, but the ownership model will go away almost completely someday and big companies will continue to reap the rewards.
I really love my e-bike more with every day
The rest of the world will just buy Asian cars and get on with it.
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We’ll have our walkable cities for sure at this rate.
We'll have more people walking in cities, anyway.
Walkin down the stroad
Futures so bright I have to wear shades
This has been news for 6 years... Associated Press really did axe their employees to think this is a story.
Does US media know the difference between average and mean or median?
Yes and they use them all to get you to click.
I'm not fretting, I'm simply not buying anything other than necessities until Pedolf is gone. I'll have a nice little pile of cash ready to go, assuming this nightmare ever ends.
For purchases that can be deferred without it being too painful, it's probably a good idea on purely financial grounds, since some of purchases now are going to go towards taxation, paying tariffs. Trump's earlier tariffs were overturned by the courts, but now courts are looking at the new, global, 10% tariff. Assuming that a future administration will roll back tariffs (or, I suppose, if courts overturn this and later attempts by the present administration at imposing tariffs) the same money would go further then.
Oh totally. I'm mostly doing it to create a financial buffer against uncertainty and because I want to do my (very small) part to damage Pedolf's economy.
I really had to take a hard look at my spending habits. I determined that I can probably shift at least 75% of nonfood/grocery purchases to secondhand goods like clothing, appliances, tools, furniture . I can't do much about services (and don't really want to since they are local businesses) but prices are still higher and I have some savings goals to meet that I had to decrease d/t increase in the cost of basic living (groceries, fuel, electric/gas). There are also some items I want to purchase for independence in case of emergency events since FEMA is basically useless now (eg. like a solar generator, a water tank with manual pump, rain barrel system, garden fencing, woodchipper, trailer hitch for car and wagon trailer, solar ebike) so I need to save because I am not willing to go into debt.
There is always a choice. If those overweight SUVs would be resting like lead in the showrooms and only the smallest and most cost effective offers actually move, producers would adapt. They aren't. (I am aware that producers do their best to advertise those high margin oversized cars but that doesn't change the above).
In Europe we have been seeing a similar trend, for some time. However I am happy to report that this appears to be changing right now. Not long ago, almost all new EVs were some oversized and overweight SUV stuff for fantasy prices. Finally however, we are starting to see more and more compact EVs that are practical, reasonably sized and relatively reasonably priced as well. Take the Renault 5 and soon the Renault Twingo for example. The former in a good version with big battery 33k EUR, the latter 20k EUR.
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Good thing my daily driver is a bike.
Seems like the average is inflated with $100,000 extended cab pickup trucks with luxury features. Which have taken over the market.
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this post was submitted on 11 Apr 2026
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