Get all your news in one place.
100's of premium titles.
One app.
Start reading
GOBankingRates
GOBankingRates
David Nadelle

$1K Car Payments Are Rising: The Income You Need To Afford One

FG Trade / Getty Images

After rising above $50,000 for the first time in September, the average transaction price (ATP) of a new vehicle in the U.S. increased to an all-time high of $50,326 in December, according to 2025 fourth quarter data from Kelley Blue Book (KBB).

Although December had the highest monthly average dealer discount (7.5%), more new car shoppers are taking on $1,000-plus monthly payments than ever, per a new Edmunds report.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.