Why are cars so expensive now? A look at the reasons behind the skyrocketing prices and ballooning auto loans.
July 27, 20224 min read857 words
Published: July 27, 2022  |  4 min read857 words
Grid found a net increase of nearly $13,000 in the cost of a new vehicle. Where does that extra cost come from?Americans are —but they’re paying thousands more for new cars than even a couple of years ago, according to a Grid analysis of automotive finance data and market experts...
Why are cars so expensive now? A look at the reasons behind the skyrocketing prices and ballooning auto loans. Read more

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Great Context
July 31, 2022
Content is concise and free of bias. The article explains the cause of rising car prices for new and used vehicles. I have always bought cars with cash so it was news to me to learn about increased interest rates driving up car prices. Very informative article for this reader that recently rebuilt a car and suffered sticker shock for parts.
July 31, 2022
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