Welcome home, fellow Gator.

The Gator Nation's oldest and most active insider community
Join today!

CNBC report: Cost of a new car set to rise by $6000…. Thanks Donny

Discussion in 'Too Hot for Swamp Gas' started by WarDamnGator, Feb 12, 2025.

  1. gatorpa

    gatorpa GC Hall of Fame

    12,146
    1,196
    698
    Sep 5, 2010
    East Coast of FL
    Average price of new car in US last year 47k. 2k increase is about 4%, is that a significant increase IDK.

    Now the down stream effect may cause demand for used cars to go up and increase those prices more.

    Biggest hit to car purchases has been the big increase in interest rates.
     
    • Agree Agree x 1
  2. gator95

    gator95 GC Hall of Fame

    7,974
    879
    2,113
    Apr 3, 2007
    I'll take wild speculation for $1,000 please Alex...