"As the pandemic has altered both the way people travel and the way they spend, demand for reliable used cars is notably high - meaning it may be more challenging to make your budget meet your needs," said Jennifer Stockburger, director of operations at Consumer Reports' Auto Test Center. New vehicle pricing ranges from a base price of $21,200 to $38,900. The used vehicles recommended are priced from $6,000 to $19,000. Twenty-one new models are recommended, down from 29. Just 49 models were recommended this year compared to 61 last year. That reality has caused the number of vehicles recommended for teen drivers by Consumer Reports and the Insurance Institute for Highway Safety (IIHS) to decrease in 2022. The rise in price has made many newer models, chock full of safety and with a high level of predicted reliability, economically unreachable for families with teen drivers. New cars continue to be sold with thousands of dollars of premiums attached. The cost of new and used vehicles has risen during the pandemic, though recent high used car prices have begun to level out according to Cox Automotive.
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