Car prices have been increasing, and there are several reasons for this. Blame it on inflation, tariff woes, or even just your typical year-on-year price hikes, but the options for vehicles you can buy near the $20,000 mark aren’t aplenty. In fact, as of April of this year, the average transaction price for new cars was $48,699 – a new peak for price that hasn’t receded since. If you’re in the market for SUVs, the options are even scarcer.
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