By GREG VINSON | Staff reporterMarch 10, 2018 5:35PMThe average price of a new car in the U.S. was $28,936, according to a new report by the research firm Kelley Blue Book.
The average price in Canada was $30,099, while the U, UK, Germany and Australia were among the highest-priced markets in the world.
The study shows that while consumers in most markets are spending more, there is no significant difference in how much money they are spending on a car or on a household budget.
The average household in the United States spent $3,097 on a new vehicle last year, while in Canada, the average spend was $3 and in Australia, it was $2.50.
The researchers also found that the average U.K. household was spending $1,721 a year on a vehicle and $3.55 per week for food, while Canada’s average household was $1.88 per week.
The biggest difference between the U:Canada and the U., UK, and Germany is in the average monthly spending on gas and oil.
The U., UK and Germany spend more on gas, but the average American household only spends $1 per month on gas.
The cheapest cars in the country were the Focus RS and the Outlander , which both cost $1-million.
The Outlander’s cheapest sticker price was $14,746.
The Outlander was the best-selling new car last year with 2,971 sales, followed by the Mitsubishis LMS, which went on sale in March.
The Focus RS sold out quickly, with more than 100,000 units on sale.
In the U.:Canada, the Mitsubi and the Focus are all in the top five.
The Mitsubashi Outlander went on a tear last year selling more than 11,000 vehicles, including in Japan.
The SUV came in first in the market with an average of 5.2 million vehicles sold per year, according the Kelley Bluebook.
The Focus RS was the only model to sell more than one million in the same time frame.
The LMS is the least expensive new car.
It is the most expensive model to own with an estimated sticker price of $10,700.
The cheapest sticker is $2,500, according Kelley Blue.
The Subaru Impreza is the top-selling car, with an expected sticker price as high as $39,500.
The most expensive new cars are the Nissan Leaf and the Porsche Panamera.
The Leaf has an expected value of $54,900, while Panamera is expected to be priced at $51,900.