Are new cars becoming a luxury item in America? New car prices average $48,422 in April 2025, pricing out Americans who turn to used cars as luxury buyers make up 19.2% of new car purchases, according to an industry expert. Orignial Source: https://www.foxbusiness.com/lifestyle/new-cars-becoming-luxury-item-america Previous article: Why California’s housing market remains unaffordable for many Americans Prev Next article: LARRY KUDLOW: Warsh is the right man for the Fed Next