NEW CARS

The fastest-selling new vehicle in the Detroit market in July 2021 was the Cadillac Escalade.

The cost of used cars may be on the rise in Metro Detroit, but those vehicles are still selling quickly.

With companies facing shortages of microchips and parts, new cars are being produced at slower rates than normal. So it’s no surprise that the price of used cars are going up amid the demand.

Both new and used cars sold faster in March compared to February’s totals, which were 48.9 days for new cars and 42 days for used cars.

DETROIT – When you buy a new car, there are usually a lot of fees you have to pay. Included in that fee is a destination fee, which is the charge for delivering the car from the factory to the dealership. He said Stellantis in particular has had destination charges go up. READ: What Stellantis means for jobs, future prospects in Metro Detroit“When assessing vehicle pricing, we do not look at any single element of the pricing equation. There is no requirement that a destination fee be included in advertising.