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Vehicle Affordability Pressures Push Buyers Toward Older Cars and Hybrids, Report Finds
Vehicle affordability challenges are reshaping consumer behavior as new-vehicle prices remain above $50,000 and used-vehicle prices top $30,000, according to a new market analysis from CarGurus. Unlike the pandemic-era pricing surge driven by inventory shortages, today’s market reflects a longer-term shift fueled by higher vehicle costs, tariffs and…

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The Week in Review: June 1, 2026
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