The average cost of a new car in 2022 was just over $48,000. That number itself represents an increase of nearly $5,000 over the previous year. But even as the market continues to skyrocket, there's still a healthy amount of new cars that come in under the $25,000 mark for 2023 – and even a few bare-bones models that start at under $20,000. We should note that all of the prices listed below include the inescapable destination fees.
