Average new car price right now (9 18 25)

Author

Sally McDonald
September 18, 2025

💵 Today’s Top Stories
New car

You won’t believe the average price of a new car right now (hint: it’s nearly matching the all-time high). Read more.

Scam alert

Scammers and unethical businesses are preying on people overwhelmed by the high cost of “real” health insurance premiums. Don’t fall for “too good to be true.” Read more.

Trust

Identity theft and financial scams are significant problems. Here’s why you should add a “trusted contact” to your investment accounts for an extra layer of protection. Read more.

Credit Score 811

Here’s the credit score you should target, the factors that dominate your score and how to figure out the element holding back your score. Read more.

⬇️ Fed Lowers Interest Rates, Signals More Cuts Likely To Come

To the surprise of no one, the Fed cut federal interest rates by 0.25% on Wednesday, lowering the range to 4%-4.25%. It’s the lowest in almost three years.

The move affects everything from mortgages, auto loans, bank savings interest rates, credit card rates and more.

The Fed’s dual mandate is to maintain stable inflation and promote strong employment. Inflation has trickled up slightly in recent months, approaching 3%. And cutting rates can juice inflation.

However, employment numbers have been looking weaker and weaker. The rate cut comes just as one in four people looking for work have been unemployed for at least six months. At the top of the same story, the Wall Street Journal headline reads “More Americans Are Stuck With the Jobs They Can Get, Not the Ones They Want.”

Interestingly, a narrow majority of Fed officials projected two additional rate cuts in 2025. So the Fed is signaling additional rate cuts are likely, though it remains to be seen if we’ll also get cuts at the October and December meetings.

💵 Today’s Top Savings Rates

Check out our updated list of Clark.com-approved high-yield savings accounts with the highest rates. Here are the top five APYs on our list as of September 18, 2025.

Savings Chart 091825
📊 Stat of the Day

🏦 14,000: Bank branches in the United States that have closed since 2012, including 74 in just six weeks between July 17 and Aug. 28. The number of commercial bank branches has fallen from about 83,000 to about 69,000 in the last 13 years.

💰️ Deal Alert: Today’s Top Deals
Amazon
Walmart
🎙️ Podcast

Clark discusses the famous 28% rule for housing and whether it's realistic in today’s expensive market. He breaks down the actual costs of homeownership and explains why relying on a simple percentage can get you in trouble. Also, Clark reveals the hidden gems in unexpected places — like pawn shops — and shares how he and his wife use thrift stores to save big on everything from furniture to clothing. Whether you're feeling the financial squeeze or just looking for new ways to save, you won't want to miss these money-saving secrets.

☎️ Need Money Help?

The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.

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