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Average car prices:
New Car: $29,217 Monthly payment 5 years $510.00 (you will pay fixed interest)
New car, no bells: $22,000 Monthly payment 5 years: $400.00 (you will pay fixed interest)
Average Used car prices:
Kelly blue book – prices and information for cars
Clunker:
$4,000 is the average (pray it runs) (divide out if you can’t pay up front and add 10 percent interest)