Edmunds data show how new-model prices ballooned and by how much.
80 dealers recognized based on sales reviews from shoppers on Edmunds, 11 earning Edmunds Five Star Premier designation.
The average payment climbed to $717 in the fourth quarter of 2022, which is 50% higher than in 2010, according to Edmunds.
Report shows car loan amounts, down payments rising along with interest rates.
APR for new cars hits 3-year-plus high.
Toyota sold 2.332 million vehicles in the U.S. in 2021, compared to 2.218 million vehicles for General Motors.
Edmunds predicts 15.2 million new cars sales in 2022, a 1.2% increase from its 2021 vehicle sales estimate.
vAuto reports vehicle inventories dropped to 2.24 million vehicles in April, representing a 44-day supply.
According to Edmunds, car shoppers got to take advantage of generous incentives offered by automakers, but analysts caution that these deals will dry up during the summer.
Experts say consumers upside down on their car loans could take advantage of generous automaker incentives during the coronavirus pandemic to get a better interest rate and save thousands of dollars.
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