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If you haven’t been car shopping in a while, brace yourself

  • Chris Isidore--CNN
  • published date: 2024-11-16 16:30:27 UTC

Much of the reason Americans are paying nearly $50k for a car is that automakers decided to go all-in on expensive cars. The more they charge for a car, the more money they make off it.

Its called sticker shock. And if you havent been to a dealers showroom since before the pandemic, you might want to prepare yourself. Americans paid a whopping $47,612 on average for a new car in Oc… [+4107 chars]