Cheap, new cars are vanishing but these models still start under $25,000
News Source : Business Insider
News Summary
- In April, the average list price for a new vehicle accelerated past $50,000.
- The supply of lower-priced new cars is shrinking.
- Still, the cheap, new car isn't fully extinct yet.
- A small group of new cars still starts below $25,000 — at least before mandatory destination fees, taxes, options, and dealer markups factor in.
- Click through the gallery to see the 10 cheapest new cars on sale in the u.s. Today's featured car is the Hyundai Venue, which starts at $20,550.
The average transaction price for a new car has rocketed past $50,000 again.Bloomberg/Getty Images New cars are expensive.
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