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Car Culture & Suburban Sprawl: Why Americans Can’t Have Nice Things

The Financial Confessions

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The Cost of a New Car

The median new car price among all cars was about $42,500 in December of 22. That is an insane price for a new car. These things are not investments. I'm not going to say never because Jay Leno and Jerry Seinfeld exists. It is never an investment. You roll that off the lawn. They depreciate in value over time. And then on top of that, you got to pay to maintain the thing.

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