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Home » Vehicle prices test college grads 

Vehicle prices test college grads 

New car would take up 71.1% of recent grad’s resources 

Marcie BellesbyMarcie Belles
June 16, 2025
in Risk Management, Under The Hood
Reading Time: 4 mins read
0
Cars lined up for sale

© Can Stock Photo / welcomia

New-car prices have increased since 2020 at a faster clip than starting salaries, eroding vehicle affordability and dampening sales.  While recent undergraduates can expect to score $68,680 at their first job out of school this year, a new car would swallow up 71.1% of those resources, according to the latest data from the National Association […]

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