[opendoor]

Originally Posted by Erick Estrada

JD Power also backs it up as the average amount financed on a new vehicle is over $50k. This figure is actually more alarming than the average selling price.

https://www.theglobeandmail.com/driv...e-with-a-very/

But only half of purchases are financed. And the actual average selling price is still only about $45K

...data from the JDPA PIN Incentive Spending Report (ISR) shows the vehicle price at $48,000 in November, and the transaction price around $45,000.

https://tricorauto.com/j-d-powers-au...-for-november/


I'm not saying cars haven't gotten a lot more expensive in recent years, but the average new car buyer isn't spending $66K on their car.