As new car prices reach nearly all-time highs in the United States, consumers must consider their purchase as one of their largest investments. The average transaction price for new vehicles in January 2025 was recorded at $48,641, which accounts for about 74% of a typical full-time worker's annual income. Beyond the initial cost, buyers are urged to evaluate vehicles based on long-term ownership costs and overall quality. A recent analysis identified the best new cars for the money, emphasizing the dominance of Honda in several vehicle segments.
Data from Kelley Blue Book shows that the average transaction price for new vehicles was $48,641 in January 2025 - up about 1.3% year over year.
A vehicle is a major investment, and as such, consumers seeking the best value should weigh a vehicle's sticker price along with overall quality.
Using data from a recent study published by U.S. News and World Report, 24/7 Wall St. identified the best new cars for the money.
The list of the best new vehicles for the money is dominated by a small handful of companies, with Honda manufacturing the highest ranked model for four segments.
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