Charting the Decade-Long Surge in Car Prices ...Middle East

New car prices have soared in recent years. As a result, those looking for a cheap new car have very few options in today’s market. While average transaction prices for new cars declined 1.4% year-over-year as of October, they have increased to an average price of $47,936—roughly a 60% increase over the last decade. In the following graphic, Visual Capitalist's Marcus Lu shows the steep rise in new car costs, with data from Cox Automotive. New Vehicle Price Growth A host of factors can explain the jump in new car prices. These include…

Read More Details
Finally We wish PressBee provided you with enough information of ( Charting the Decade-Long Surge in Car Prices )

Also on site :

• Vaccine makers are facing seismic changes in U.S. policy
• Tesla says it made its first driverless delivery of a new car to a customer
• Europe Wants Green Steel but Can’t Afford It