September Auto Sales Data Shows $50k+ Average Price For The First Time

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For the first time ever, new auto sales prices top $50,000 as an industry average for September 2025

The average new car price has topped 50k dollars across all brands according to new car sales data in September. A large number of ev sales and tariff price hikes have pushed new car prices to their highest point in history.

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Only 7 Percent Of Cars Sold Last Month Cost Under $30,000​


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Mitsubishi, Tesla and Volkswagen went up quite a bit. Others all went down from 2024 to 2025.

Interesting they included Geely and Tata. I wasn’t aware that those were widely available in the US market. Tata really biases the numbers up.
 
Geely-branded cars are not directly sold in the U.S. due to tariffs and regulatory hurdles, but American buyers can access Geely's technology and vehicles through its other brands like Volvo (e.g., the Chinese-made Volvo EX30), and Geely continues to plan for a potential U.S. entry, though roadblocks remain.

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Tata is available in the U.S., but primarily through its tech, consulting (Tata Consultancy Services, Tata Technologies), and luxury automotive subsidiaries (Jaguar Land Rover) rather than direct consumer sales of Tata-branded cars like the Nano, which don't meet stringent U.S. safety/emission standards and would require costly redesigns for the saturated American auto market.
 
webby said:
Geely-branded cars are not directly sold in the U.S. due to tariffs and regulatory hurdles, but American buyers can access Geely's technology and vehicles through its other brands like Volvo (e.g., the Chinese-made Volvo EX30), and Geely continues to plan for a potential U.S. entry, though roadblocks remain.

———

Tata is available in the U.S., but primarily through its tech, consulting (Tata Consultancy Services, Tata Technologies), and luxury automotive subsidiaries (Jaguar Land Rover) rather than direct consumer sales of Tata-branded cars like the Nano, which don't meet stringent U.S. safety/emission standards and would require costly redesigns for the saturated American auto market.
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Whew, imagine Tata Nanos on US Streets!
 
Some Car Buyers Now Facing 100-Month Loan Terms

The latest Experian data focuses on average auto loans during the third quarter, comparing new and used cars across the United States. A typical new car loan comes in at $42,332, with buyers paying an average of $748 per month and facing an interest rate of 6.56 percent. Even a 1 percent change in interest rates can noticeably affect monthly payments. For a $40,000 loan over 72 months, that difference typically adds or subtracts about $20 to $25 per month.

Some Car Buyers Now Facing 100-Month Loan Terms, and that’s not even the worst part. As we’ve reported, in an effort to manage rising prices, buyers are increasingly stretching loan terms well beyond traditional norms. Loans lasting 72 months, or six years, have become common, while a growing share now extend beyond 84 months, or seven years, with some even reaching 100 months or more than eight years.

Extending the length of a loan can bring monthly payments down, but the overall cost rises sharply. A $40,000 loan paid over eight years instead of five might shave off a few hundred dollars each month, but it also adds thousands of dollars in interest over the full term.
 
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