Average new-car price climbs over $20,000

Price increases -- due largely to inflation, federal safety and clean-air regulations and more standard features -- have pushed the average price of a new vehicle to $23,600 (including interest), a study by Comerica Bank reveals. The new figure compares with an $11,500 average 10 years ago and

January 1, 1995

1 Min Read
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Price increases -- due largely to inflation, federal safety and clean-air regulations and more standard features -- have pushed the average price of a new vehicle to $23,600 (including interest), a study by Comerica Bank reveals. The new figure compares with an $11,500 average 10 years ago and

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