A new report showed that new car prices are starting to cool off.

<div class="block">A new report showed that new car prices are starting to cool off.</div>

Stretching Your Dollar

Report Shows New Car Prices Cooling Off

Not just use car prices that are finally giving buyers a break. In July, the average price of a new car showed the smallest year on year rise in a decade. According to new data from Kelly Blue book, new car buyers paid just 0.4% more on average than they did a year ago. And analysts said higher inventories large incentives at a price war in the electric vehicle market all helped hold prices down.