Rising car prices continue to shatter records, with new vehicle prices reaching an all-time high. Despite the unprecedented costs, buyers are seemingly unfazed, with sales remaining strong. Analysts point to a perfect storm of factors, including supply chain disruptions, semiconductor shortages, and increased demand for electric vehicles. As the trend shows no signs of slowing, experts are left wondering if the market can sustain such high prices, and what the long-term implications may be for consumers.
New Car Prices Hit Record High—And Buyers Keep Buying Autoweek
