How Much Is A New Car Right Now??

The average price for a new vehicle was $49,077 in August 2025, which is up from July ($48,841) and higher by 2.6% over last year. In August, the average manufacturer’s suggested retail price (MSRP) for a new vehicle reached $51,099, which is up from the month before. The majority of auto manufacturers posted price increases in August. Sales of electric vehicles reached a record 146,332 in August. The report predicts that we will see a record-high quarter for EV sales in Q3 2025, partially due to the tax credit ending in September. Compact Car $27,015 Compact SUV/Crossover $37,327 Full-Size Car $59,643 Full-Size Pickup Truck $65,602 Luxury Car $60,076 Minivan $47,640 Sports Car $52,969 For a new car, it is recommends aiming to own it for at least 10 years to get the most value out of your purchase. The significant depreciation that occurs in the first few years makes it a poor financial decision to trade in or sell a new car after only a short period.