Why Are Cars Suddenly So Expensive? episode artwork

EPISODE · Jul 8, 2023 · 17 MIN

Why Are Cars Suddenly So Expensive?

from Patrick Boyle On Finance · host Patrick Boyle

Send us a textOver the last three years we have seen the biggest car price increases in history. Last year the average cost of a new car in the United States was forty-seven thousand dollars and the average used car price today is just under thirty thousand dollars.Car buyers today aren’t just faced with higher car prices, the average interest rate on a new car or truck loan has reached just under nine per cent and car insurance costs are rocketing too. What is going on?Patrick's ...

Episode metadata supplied by the publisher feed · Published Jul 8, 2023

Embed this episode

Ready to play

Why Are Cars Suddenly So Expensive?

0:00 17:05

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of Patrick Boyle On Finance?

This episode is 17 minutes long.

When was this Patrick Boyle On Finance episode published?

This episode was published on July 8, 2023.

Can I download this Patrick Boyle On Finance episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!