Experts say the average car payment has surpassed $700 a month, with the cost of a new car reaching record highs.
FRESNO, Calif. -- Just as the price of household items is rising, car shopping might give you true sticker shock.
"It's a combination of things and you just never know who's to blame for it," said Hedrick's Chevrolet co-owner Brett Hedrick. According to Hedrick, his lot would typically carry an inventory of around 300 new vehicles but those numbers have dropped significantly since the start of COVID.
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