Americans Paying More for New Vehicles, Partly Because of Full-Size Pickups

Americans Paying More for New Vehicles, Partly Because of Full-Size Pickups

American car buyers paid 3.4 percent more for new vehicles last month compared with last year, partly because buyers are choosing more high-end vehicles, Kelley Blue Book revealed in a report March 11. “That’s a more significant increase than we’re used to seeing,” Sean Tucker at Kelley Blue Book said. Over the past three years, the price of new cars has climbed nearly 1 percent on average every month, the auto industry research company reported…