Average Price of a New Car
A new car is a joy to have for everybody. You may be wondering about the average prices of a car. The latest prices of a new car in 2013 average about $30,000. This is a $1,200 increase in price from the previous year. The increase in price is due to the high demand for cars.
The average age of cars has also increased in recent years. The average age of cars is 10.8 years, while the average age for light trucks is 10.4 years in 2011. Of course, sometimes you may want to augment your new car with accessories, and this may increase costs. Installing new windshield wipers, for instance, adds extra cost.
There are other costs that have driven up the average prices of a car. In the US, higher gas prices have been a contributing factor to the increased prices of cars. This is due to stringent federal standards, which is the cause of the gas prices that reached an all-time high in 2012.
The Cost of Used Cars
It is also important to consider the average prices of used cars, because not every potential car owner is looking for brand-new vehicles. The prices of used cars have also increase. This is due, in part, to the supply of older car models dwindling in the last few years.
Of course, there are several additional costs to acquiring used cars. The paint on the exterior may have deteriorated, needing a repaint. Additionally, there may be problems with the steering that you need to fix. All in all, the average prices of a car have increased, and this goes for both new and used cars.
Calling a Professional
Need car help? Here at TalkLocal, we are dedicated to helping you maintain your vehicle, no matter how old it is. Use our free service to be connected with high-quality mechanics in your area today!
