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CBS Weekend News

♪ as you go with austedo ♪ ask your doctor for austedo xr. ♪ austedo xr ♪ drivers are facing the worse sticker shock in a generation. take used car prices. they now average $25,600. that's nearly 25% higher than five years ago. from loans to insurance, costs are soaring at every turn. in tonight's "weekend journal" cbs's jeff nguyen in los angeles explains some of the reasons why. >> here we go. >> what do you think? >> reporter: karen and marissa hood and baby noah have been looking for a new car since january, only to find sticker shock. >> now you're looking at the payments and it's just kind of crazy. >> reporter: last month the average price of a new car was just under $47,000. and the average new car payment was north of $700.

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Car Prices: Prices of discretionary products like cars, TVs, phones begin to firm up, ET Auto

Car Prices: Prices of discretionary products like cars, TVs, and phones are firming up as manufacturers raise prices due to commodity costs and forex movement. Car and electronics manufacturers are increasing prices of vehicles and smartphones, while television brands are hiking prices due to rising panel costs. Despite the price hikes, companies do not anticipate a major impact on consumer demand.

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Lower auto prices are finally giving Americans a break after years of inflationary increases

Lower auto prices are finally giving Americans a break after years of inflationary increases
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Suzuki, Toyota and Honda Expected Prices in Pakistan after 25pc sales tax

Suzuki, Toyota and Honda Expected Prices in Pakistan after 25pc sales tax
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Toyota, Suzuki and Honda Expected Prices in Pakistan after 25% sales tax

Toyota, Suzuki and Honda Expected Prices in Pakistan after 25% sales tax
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KIA Becomes The First to Increase Car Prices in Pakistan 2024

KIA Becomes The First to Increase Car Prices in Pakistan 2024
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