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Buying a New Car? These Common Mistakes Can Cost You Thousands

Summary by Money
The cost of a new car recently hit a new high for 2026. According to Kelley Blue Book, the average transaction price in July came in at $49,855. Although that’s slightly below the all-time peak of $50,612 reached in December, it’s still a huge chunk of change. When that much money is on the line, you don’t want to leave anything to chance. Buying a car involves making a series of choices with the potential to significantly impact your finances f…
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Money broke the news on Tuesday, August 18, 2026.
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