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New vehicle prices remain high due to supply issues and trade wars

The author recounts their recent experience purchasing a new vehicle, highlighting the difficulty of avoiding higher prices in the current market. Despite a positive overall experience, they observed that new vehicle prices average around $50,000. Supply chain issues and trade disputes between the U.S. and other countries, including Canada, are contributing factors to increased costs. The author ultimately purchased a Honda CR-V after considering options like the Ford Bronco SUV and Ford F-150 pickup, noting that the CR-V had outsold the F-150 in the U.S. during the first half of the year. AI

RANK_REASON The article is a personal narrative about car shopping, offering commentary on market conditions rather than reporting on a specific event.

Read on Forbes — Innovation →

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New vehicle prices remain high due to supply issues and trade wars

COVERAGE [1]

  1. Forbes — Innovation TIER_1 English(EN) · Bill Koenig, Contributor ·

    Tales From Vehicle Shopping: It’s Hard To Avoid Paying More

    Why it's hard to avoid paying more for a new vehicle.