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Bottom line: Five years ago, the average new vehicle cost roughly $40,000. The current average of over $50,000 illustrates the rapid escalation of prices and the transformation of what constitutes a ...
View post: BMW Teases 800-HP Electric M3 at the Nürburgring — Record Attempt Next? Median new car prices surpassed $50,000, prompting buyers to select base models over premium trims. Automakers and ...