New Cars
Average transaction price for a new car

December 2024
$49,740

March 2025
$47,962
$1,778
(-3.6%)
- Average (2021-2024):
- $46,831
- Average (2025-Present):
- $48,213
- Biden (2021—2024)
- Trump (2025—Present)
Source: Cox Automotive
Updated: April 16, 2025 4:50:23 PM