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ðŸ”Ū   2025: The year car prices return to Earth

Finance

These vehicles are priced to move — straight into a brick wall. Car prices have risen an average of $10,000 since 2020. Manufacturers love the profit margins — for now. But with models flooding the market at prices consumers simply can't afford, we've got prime conditions for a crash. All brands are loading up their top-trim levels — only to find sticker shock scaring off the customers. As a result, dealers are getting desperate — and creative.Insurance premiums have doubled, and repossession rates are the highest ever at 23% — which means banks are less likely to give out loans and leases.

The Blaze     Feb 01, 2025