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That Popular S.U.V. Is Going to Cost You



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“It’s been a weird year,” Mr. Drury said.That has driven up the average purchase price of a new vehicle to about $40,000.Inventories of luxury cars are the lowest as buyers have pounced, while run-of-the mill sedans are relatively plentiful, said Ms. Krebs at Cox.So if new cars are too expensive, you can just buy a used car, right?Yes, but deals may be elusive there as well. Fewer people bought new cars last year, so fewer used cars were traded in. And the short supply of new cars is pushing more buyers to consider used cars, raising …

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