💸 From $50K Cars to 💼 COVID Scams, 🌊 Beach Warnings & 🏡 Pricey Zip Code
By Tim Conway Jr. on Demand
October 15, 2025
Car Prices Soar: Buying a new car is now more expensive than ever, with the average price exceeding $50,000. Price hikes are driven by luxury vehicle and EV sales, along with concerns over potential tariffs. Affordable $20,000 cars are nearly extinct. With an average U.S. salary of $66,622, many buyers take out nearly 6-year loans, paying about $749 monthly. Added costs include maintenance, fuel, insurance, and depreciation — with cars losing 20% of their value in the first year and 15% annually over the next four years.
COVID Relief Fraud Allegations: Thirteen LA County employees are accused of filing fraudulent claims for COVID relief funds. Meanwhile, the Port of LA continues facing challenges, now dealing with the impacts of a government shutdown.
Beach Safety Alert: Southern California beaches are under high alert due to runoff and discharge entering the ocean after rainfall. Beachgoers are urged to stay cautious.
Real Estate: A segment highlighted the most expensive zip codes in California, showcasing areas with the priciest real estate in the state.
This story originally appeared in Tim Conway Jr. on Demand