By Joel SegalPublished June 08, 2018 10:35:52The next time you want to buy your first car, you might want to reconsider what it really means to “buy a new vehicle.”
In the past, buying a new luxury car could cost more than $150,000, but in 2017, that number fell to $100,000.
The average price of a new model in 2018 was $55,000 with a luxury car topping the list for a whopping $89,000 (with the average price falling to $60,000).
With a lower average price, there’s a greater opportunity to save money on your next car purchase.
This article provides you with a few tips to help you make a decision.
If you want the absolute best value for your money, check out the best-value car list from CarPrice.com.
You’ll see that the average car on the list is priced at $56,800 with the best value priced at nearly $110,000 and the average priced at just under $90,000 in 2018.
If you’re interested in a cheaper car, check our list of the best deals on cars.