About Real Car Tips
Profile Pic
Find the Best Car Deals Near You ⤵

New Car Prices Hit Record Highs

Talk about sticker shock!

Car prices are at their highest levels in history.

In May, the average price of a new car was $29,817 - up $608 from a year ago and $215 more than the previous month's prices.

Some manufacturers have raised prices more than others.

Ford's average price is $32,885 - a 5.2% increase from last year.

Hyundai and Kia have the lowest average prices with a current average of $19,217.

These nasty sticker prices reflect a tight supply for new cars thanks to the earthquake in Japan.

So what should a car buyer do? If you can wait, your best bet may be to buy at the end of the year when supplies are expected to be back to normal.

You can also look forward to lower prices on any leftover 2011 models.

Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...

(Absolutely NO SPAM, easy to unsubscribe)

About The Author

Gregg Fidan Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

Latest Weekly Car Buying Tips

April 2024

March 2024

I welcome your car buying questions. Email Me and I'll be glad to answer them!

Your Zip Code: