Average Cost Of A Car In 2025. According to the most recent data from cox automotive, the average transaction price for new cars is $48,397. We predict that the average selling price for a used car will remain near $25,500 in 2025.

Our researchers forecast that average battery prices could fall towards $80/kwh by 2026, amounting to a drop of almost 50% from 2023, a level at which battery electric vehicles would achieve ownership cost parity with. Consumers are pushing back against the high cost of car buying and we are.