Car prices hit record as buyers load up on options

Associated Press
Car prices hit record as buyers load up on options

This undated photo provided by Ford shows the 2014 Ford F-150 STX SuperCrew truck. Americans are paying record prices for new cars and trucks, and they have only themselves to blame. The average sale price of a vehicle in the U.S. hit $31,252 last month, up almost $1,000 over the same time last year, a sharp increase driven by consumers loading cars up with high-end stereos, navigation systems, leather seats and safety gadgets. Many in the business think prices will moderate some because people who kept their cars through the recession and haven’t replaced them yet won’t load up on options. Ford will try to please them this fall by adding a four-door cab to its F-150 STX line. Previously, the STX only came with a two-door cab. (AP Photo/Ford)

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