U.S. car prices are on the rise, in part because consumers are flocking to heavier SUVs and pickup trucks. Rapid advances in vehicle technology are also playing a role, especially on the high-end.
The average transaction price of a new vehicle in the United States continues to break records, topping $37,000 earlier this year, according to automotive pricing and research company Kelley Blue Book.
For those willing to spend more than the average price and splurge on an SUV, full-size luxury sedan, or a performance sports car, it is an exciting time to buy one. New technologies, like advanced semi-autonomous driving features, camera-based collision warning systems, intuitive touch screen dashboards, dead quiet electronic transmissions, powered door systems, and LED lighting are some of the standard features in cars designed and crafted for wealthier buyers. Though buyers should beware, as expensive cars also tend to have pricier insurance. These are the most expensive cars to insure.
For obvious reasons, newer, costlier vehicle technology tends to appear in luxury cars years before the cost of the technology falls enough to appear in lower-priced cars, too. So early adopters with cash to spend can find the latest technology at the higher-end of an automakers’ model inventory. These are some next generation technologies that could soon be in your car.
Cars priced between $50,000 and $100,000 provide a good balance between performance, reliability, and technology, while cars priced beyond that are often equipped with the newest technologies and are almost always the best performers in their prices categories.
The following is a list of the highest-priced car, truck, and SUV models sold by 38 major brands. Most of these vehicles are priced well above the current average price of over $37,000, and a dozen of them cost well over $100,000. Eight of the vehicles on this list are plug-in hybrids or fully electric cars.