New Cars to Cost Over $50K in 2023

Brace yourself for a significant increase in new car prices, with experts predicting the average to surpass fifty thousand dollars next year. This trend is driven by rising production costs, potential interest rate changes, and a shift towards more profitable pickup trucks and SUVs. Despite these factors, a substantial price drop is unlikely, as a softening job market is not expected.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.