Most new car projects cost between $20,000 and $100,000 per vehicle, with a typical price near $45,000. Prices vary by state and city, so the range below is a planning guide rather than a quote.
Typical new car cost
$20,000 – $100,000
per vehicle · typical $45,000
A general planning range, not a quotation.
New car cost breakdown
- Compact sedan$18,000 – $28,000typical $23,000
- Midsize SUV$30,000 – $50,000typical $40,000
- Full-size pickup$40,000 – $80,000typical $60,000
What New Car Prices costs
Average transaction price for a new car in US/Canada. Compact sedans start under $20k; luxury SUVs exceed $100k. Dealer markup and incentives vary.
Costs by state
- Alabama
- Alaska
- Alberta
- Arizona
- Arkansas
- British Columbia
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Manitoba
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Brunswick
- New Hampshire
- New Jersey
- New Mexico
- New York
- Newfoundland and Labrador
- North Carolina
- North Dakota
- Northwest Territories
- Nova Scotia
- Nunavut
- Ohio
- Oklahoma
- Ontario
- Oregon
- Pennsylvania
- Prince Edward Island
- Quebec
- Rhode Island
- Saskatchewan
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
- Yukon
Frequently asked questions
How much dealer markup is normal?
Most cars sell for 5-15% above invoice. Popular models may have $2,000-10,000 markup; others are at MSRP or below.
What is the best time to buy a new car?
End of year, month, or holiday sales events. Also when new model year arrives, dealers discount outgoing models.
Should I finance through the dealer or bank?
Compare offers. Dealers often have promotional rates, but credit unions may offer lower rates for well-qualified buyers.