Cars continue to be more expensive and less affordable. In September 2024, the average price of a new car was $48,423, a 0.9% increase over August but a 0.4% decrease from September 2023.
In August 2024, 1.42 million new vehicles were estimated to have been sold across the United States. This marks a 9.9% increase over July and a 6.1% increase compared to August 2023.
In July 2024, 1.29 million new vehicles were estimated to have been sold across the United States. This marks a 3.4% decrease from June and a 1.3% decrease compared to July 2023.