New cars that cost less than $30,000 are few and far between as the average price of a new vehicle hovers around $50,000. Car shoppers paid an average of $49,275 for new cars in March 2026, according to Cox Automotive’s Kelley Blue Book. The average price was down slightly from February 2026’s average of $49,353. Cox also reported that automakers’ average manufacturer’s suggested retail price…
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