The automotive industry has changed significantly since 2016.

Date:

play

  • The average price of a new car has increased from just over $34,000 in 2016 to more than $50,000 today.
  • The Ford F-Series pickup truck was the best-selling vehicle of 2016 and remains the top-selling vehicle today.
  • The average monthly payment for a new car increased from $506 in 2016 to $748 in the third quarter of 2025.

In 2016, the U.S. auto industry was in a very different situation.

Your social media feeds are probably full of nostalgic posts reminiscing about yesterday, 10 years ago. If you’ve been considering buying a new car lately, you may be looking back on 2016 with fondness.

The average price of a new car at the time was just over $34,000. Now it’s over $50,000. The best-selling car at the time was the Ford pickup truck. Today’s best-selling car is still the Ford pickup truck.

With all of this in mind, the USA TODAY Cars team looked at some of the key auto industry statistics from 2016 and compared them to now.

What was the average price of a car in 2016?

According to Kelley Blue Book, the average new car price in January 2016 was $34,112.

Below are average prices for some of the top manufacturers at the time.

  • Volkswagen | $38,901
  • General Motors | $38,597
  • Ford | $36,328
  • Fiat Chrysler | $34,504
  • Toyota | $31,617
  • Nissan | $27,880
  • Honda | $27,759
  • Hyundai-Kia | $25,451

What was the best-selling car in 2016?

According to the Cars.com website, the best-selling car in 2016 was the Ford F-Series pickup. Here are the top 10 best sellers of 2016:

  1. Ford F Series | 820,799
  2. Chevrolet Silverado | 574,876
  3. Ram Pickup | 489,418
  4. Toyota Camry | 388,618
  5. Toyota Corolla | 378,210
  6. Honda Civic | 366,927
  7. Honda CR-V | 357,335
  8. Toyota RAV4 | 352,154
  9. Honda Accord | 345,225
  10. Nissan Rogue | 329,904

where are we now?

Car buyers paid a record average of $50,326 for a new car in December 2025, according to Kelley Blue Book. The group said the average price of a new car rose 0.8% in December compared to November’s average price of $49,814.

The best-selling car in 2025 remains the Ford F-Series, with 828,832 units sold.

According to Edmunds, the average price of a three-year-old used car in the third quarter of 2025 was $31,067. The average used car cost $19,189 in 2016, according to the organization.

Also, according to Experian, the average payment for a new car in the third quarter of 2025 was $748, and the average payment for a used car was $532. According to the group, the average payment for a new car in 2016 was $506.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Should Social Security be capped at $100,000? That’s what the new paper says

Think tank proposes capping Social Security benefits at $100,000A...

What Emily Gregory’s iconic election result means for the 2026 midterm elections

"If Democrats can win in Trump's backyard, they can...

As gas prices soar, people are saving money at the pump

Gasoline prices soar as Strait of Hormuz closes due...

Kelly Ripa’s compliment on aging backfired with Howie Mandel

Daytime talk show hosts praised the appearance of guest...