ev-and-hybrid-demand

Insider

Average New Vehicle Listing Price Hits $50,400 in April as Used-Car Prices Reach Highest Level Since Mid-2023

CarGurus data shows average new vehicle listing prices rose 1 percent from a year earlier while used car prices reached nearly $30,000. Gas prices have surged from $2.98 per gallon in late February to $4.52, boosting shopper interest in hybrids and EVs. Moody's analysis indicates…

1 source