BLOG: New Car Prices Are Rising

By Jim Donovan: If you are in the market for a new vehicle, prices are slowly creeping up. According to Edmunds.com, overall prices increased $150 in the first week of May compared to the previous week and $350 since the March earthquake. Japanese cars had a higher increase in prices than any other origin: $250 more than the last week in April.

The automotive segments with the largest increases are: midsize cars -up about $220 or 0.9%, compact cars – up about $160 per vehicle or 0.8%, full size cars – up about $230 or 0.7%

Some popular models showing notable price increases include:

Accord: up about $480
CRV: up about $300
Pilot: up about $330
Camry up about $120
Corolla: up about $220
Prius: up about $50
Fusion: up about $150
Malibu: up about $50
Cruze: up about $120
Mazda3: up about $200

http://www.autoobserver.com/

Comments

One Comment

  1. Mad says:

    Went to Brad Benson Hyundai today. While we were trying to make a deal to buy a car of which they only had 1 left in the color we wanted, they had other salesmen making deals for the same car. Just as we were about to accept the deal the salesman comes back to us and says the car is gone , the people at the table behind you just bought it! Stay away BAD CUSTOMER SERVICE…. CON MEN!

  2. grumpy says:

    I can understand this from the Japaneese car makers because of the devastation in their country but what are the excuses for the other makers?
    Is it because we don’t make parts here in the America for our own products?
    It doesn’t seem like a smart move for an industry that is trying to rebuild itself.

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