The average new-car price hit a record $50,000. Can only the rich buy new?

Source: The Washington Post | Published: October 17, 2025, 10:00 am | Read Original

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Nearly 1 in 4 car owners owe more on their trade-ins than the vehicle is worth, pushing the national average for upside-down balances to almost $7,000.

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The average new-car price hit a record $50,000. Can only the rich buy new?

Nearly 1 in 4 car owners owe more on their trade-ins than the vehicle is worth, pushing the national average for upside-down balances to almost $7,000.

The Washington Post • Oct 17, 2025 • Found on Glideslope.ai

Post hash: iwnx3gk • glideslope.ai/post/iwnx3gk

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