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Streetsblog
Apr 10, 2023, 4:00 am155 ptsA new car is now a luxury item by definition: The average price has risen more than $10,000 to $49,500 in just the past three years, with just 5 percent of sales clocking in at less than $25,000, an affordable price point for middle-class consumers (The Hill). With interest rates rising, the average monthly…
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