Buying a new or used car is still shockingly expensive

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Prices of new and used vehicles have risen stratospherically over the last several years, putting many drivers who would normally be shopping for new or lightly used wheels in a bind. December saw average purchase prices of new vehicles at $48,759 per, according to Kelley Blue Book, the industry standard.

Believe it or not, the price guide considers that a “buyer’s market,” or at least progress on the road toward one. The December price was up from the previous month but…

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