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American Consumers Lose Patience With High Car Prices

Economy And Jobs,Affordability,Cars,Auto Industry

From the Center

For years it has seemed no sticker price was too high for American car buyers. Even as average new car prices approached $50,000 this year, dealers fretted more over depleted inventories than losing customers to sticker shock.

Those days are coming to an end.

Increasingly stretched consumers are starting to draw the line on what they will pay for a new car, according to dealers, analysts and industry data...

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