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News Wire / economy

Car Prices Increase Due to Destination Charges

Talk Radio 1210 WPHT Philadelphia 46d Impact 6
The cost of purchasing a new car is rising significantly, partly due to a substantial increase in destination charges. These charges, which cover the cost of transporting vehicles to dealerships, have reportedly gone up by 50% and are being added directly to the sticker price, leading to 'sticker shock' for consumers.

Topics

automotive industry consumer prices inflation

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Sources · 7 independent

Talk Radio 1210 WPHT

“if you go out and buy a car right now and the destination charge, the charge to get it from wherever it is to your dealership has gone up like 50% and they've stuck that right onto the sticker.”

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