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Saturday, October 19, 2024

Inflation

Average New Car Monthly Payment History

Funny how new car prices started jumping up three years ago just about the same time Biden became President. How dare the automakers make him look bad. 

What kind of vehicles is America buying? Car & Driver has a list of the 25 most popular vehicles so far this year. Trucks rule. Ford F Series pickup trucks topped the list at 500,000. Chevrolet Siverado came in second at 400,000. But aren't GMC pickups just rebadged Chevy's?  If you add the GMC Sierra with 230,000 to the Chevys you get a total of 630,000 for GM.

Adding up the numbers I found we bought 
  • 1.7 million pickup trucks, 
  • 2.2 million SUVs and 
  • 1.2 million cars for a total of 
  • 5 million motor vehicles.


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