If you are looking for structured data or a "paper" style analysis, these three sources are the most authoritative:

Finding a formal academic "paper" specifically on the retail price of a golf cart can be tricky because pricing is usually tracked by market research firms rather than academic journals. However, there are comprehensive and industry white papers that break down these costs in detail. Recommended Industry "Papers" and Reports

: $9,000 – $12,000 (Standard electric/gas 4-seaters from major brands like Club Car or E-Z-GO ).

: $12,000 – $25,000+ (6-seaters, lithium batteries, or "Low-Speed Vehicles" (LSVs) with titles and mirrors). 2. Used Golf Cart Pricing

: A more academic-style paper from the International Journal of Creative Research Thoughts that includes graphs on price patterns and how battery manufacturing impacts the cost of electrical carts.

: This report from Fortune Business Insights analyzes the $2.12 billion industry, detailing how price points shift based on propulsion (electric vs. gas) and end-user application.

Buying used can save 40–60% upfront, with most reliable used carts falling between .

: While published on CartFinder, this functions as a white paper by analyzing active marketplace data for over 10 popular models to establish current market averages. Executive Summary of Costs Based on the latest data from these industry sources, 1. New Golf Cart Pricing