After more than a decade of pressure to offer electric vehicles and plug-in hybrids at the lowest price points, the U.S.

The average transaction price for a new Cadillac surged in July, climbing to $79,717, a 14.6 percent year-over-year increase from $69,571 in July of 2024.

Buying a car in retirement can require a different thought process. In the past, you might’ve traded cars in every few years, but now that you’re on a fixed income — and no longer commuting to work — ...