
(January 8, 2021) SANTA MONICA, Calif. — Consumers in the financial position to buy a new car during the coronavirus (COVID-19) pandemic aren't holding back on upsizing their purchases in favor of bigger vehicles with more amenities. According to the car shopping experts at Edmunds, the average down payment for a new vehicle climbed to $4,734 in the fourth quarter, compared to $4,458 in the third quarter and $4,329 a year ago.