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The average new car sold for $49,220 in May, according to data from Cox Automotive – a price that has been going up a lot. Small and midsize models were $43,044, while new EVs cost $54,532. A Slate car is cheaper than a used one, which runs $26,918. Its closest competitor, the Ford Maverick, starts around the corner $30,000while the Chevrolet Bolt EV starts at approx $29,000.
