Automotive Economics

How much do cars really cost? Consider averages Average new car cost New vehicle category Average total cost per month Average transaction price Medium sedan $781 $30,281 Medium SUV $831 $43,623 Full size pickup $966 $57,267 2 more rows ? Read more on www.lendingtree.com Modern life is impossible without automobiles. They give us access to … Read more

Why are imported cars more expensive? Exchange rates are important because fluctuating currency can tighten (or increase) profits for foreign automakers. Unfortunately, car companies can’t exactly adjust pricing to correspond with these increases or declines in currency value. These costs are built in to the price of vehicles, which helps keep prices high. Read more … Read more

Why are semi tires so expensive? One of the reasons tires are so expensive is that it costs money to manufacture them. There are two different types of manufacturing processes for tires. One relies on an economic approach while the other focuses on performance. Both use layers of rubber, steel, and chemicals in their production. … Read more

Are cars cheap in Germany? No! Actually they are way more expensive than in other countries! In the US for example they are very much cheaper than in germany and also in China they are cheaper! Compared to Switzerland though, they are cheaper in germany and generally throughout the EU they cost almost the same … Read more