Americans Paid Record Prices for New Cars in June

“In June, for the first time in a decade, vehicle buyers were essentially paying sticker price – the manufacturer’s suggested retail price (MSRP) – for new vehicles,” said Kayla Reynolds, industry intelligence analyst at Cox Automotive. Cox Automotive is the parent company of Kelley Blue Book. The list price for a new … See more


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New-Vehicle Prices Set A Record In June, According To Kelley Blue …

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Jul 12, 2022  · The average price paid for a new non-luxury vehicle last month was $43,942, up $615 from May, the highest price for a non-luxury vehicle on record. Car shoppers in the non …

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Kelley Blue Book Analysis: New-Vehicle Transaction Prices In June …

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ATLANTA, July 11, 2023 – The average price Americans paid for a new vehicle in June 2023 was 1.6% higher than one year ago, the smallest year-over-year price increase since the start of …

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Car Buyers Paid Record Prices In June, And Minivans Were Highest

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The estimated average transaction price Americans paid for a new light vehicle hit a record high in June, at $42,258. With dealers struggling to stock enough cars to meet demand, Americans …

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Kelley Blue Book Analysis: Average New-Vehicle Transaction Price …

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ATLANTA, July 11, 2023 /PRNewswire/ -- The average price Americans paid for a new vehicle in June 2023 was 1.6% higher than one year ago, the smallest year-over-year ... Kelley Blue …

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Average New Car Price Held Steady In June - Kelley Blue Book

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Jul 11, 2024  · The average new car buyer in June paid $48,644 — just $266 more than in May and $307 lower than in June 2023. Incentives — the discounts dealers and factories advertise …

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Car Prices For New, Used Models A Sign Of Good News. But Will It Last?

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Jul 13, 2023  · On the new car side, the average price Americans paid for a new vehicle in June was $48,808, up 1.6% from the year-ago period, Kelley Blue Book, a Cox Automotive …

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Average Transaction Price For New Vehicles Hits Record $45,844 In …

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Jun 26, 2022  · The average transaction price (ATP) of new vehicles sold by dealers to retail customers in June hit a new breath-taking record high of $45,844, up by 14.5% from a year …

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New-Vehicle Prices Hit A Record-High In June, EVs ... - Autoevolution

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Jul 27, 2022  · The average price paid for a new vehicle in the U.S. surpassed the $48,000 mark for the first time in June. The average transaction price rose 1.9% from May and 12.7% from …

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New-Vehicle Prices Hold Steady In June, As Price Pressure …

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Jul 10, 2024  · EV Prices Trend Higher After Hitting Bottom in March. In June, the average price paid for a new electric vehicle (EV) was $56,371, an increase of 0.9% compared to May. EV …

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New Car Prices Hit Record Highs. Are They Here To Stay? - Fatherly

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Feb 20, 2024  · According to CNBC, citing a Cox Automotive report, the average transaction price of a new car in June hit a new record of $48,083, up 1.9% from May and up 12.7% from a year …

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Average New Car Price Hits Record High - Kelley Blue Book

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Jul 12, 2022  · The average new car in America sold for $48,043 in June – the highest figure on record and the first time the average has crested the $48,000 mark. June’s average was 1.8% …

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Average New Car Price Absurdity Continues, Blasts Past $40,000

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Jun 25, 2021  · Buyers paid record prices in the month of June. ... Americans are ready to get spendy with new cars. ... So for the average new car sold in June of 2021 to cost $40,206 is -- …

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New-Vehicle Prices Set A Record In June, According To Kelley Blue …

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Jul 12, 2022  · The average price paid for a new non-luxury vehicle last month was $43,942, up $615 from May, the highest price for a non-luxury vehicle on record. Car shoppers in the non …

prnewswire.com

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Tiny Cars, Big Trend, Why Americans Are Downsizing At Record Rates

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4 days ago  · Edmunds reports that the average price paid for a compact SUV this year was $29,000, compared to $48,000 for a midsize SUV. That $19,000 gap can make a world of …

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Record Share Of New-Car Shoppers Jumped Into A $1,000

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12.7% of consumers who financed a new vehicle purchase in June 2022 committed to a monthly payment of $1,000 or more — the highest level that Edmunds has on record — compared to …

edmunds.com

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Car Buyers Paid Record Prices In June, And Minivans Were Highest

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Jul 26, 2021  · The estimated average transaction price Americans paid for a new light vehicle hit a record high in June, at $42,258. With dealers struggling to stock enough cars to meet …

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US New Vehicle Sales Rose 2.7% Last Year As Prices And Interest …

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3 days ago  · DETROIT (AP) — New vehicle sales in the U.S. rose 2.7% last year as prices and interest rates eased a bit, making SUVs, cars and trucks a little more affordable. Industry …

apnews.com

FAQs about Americans Paid Record Prices for New Cars in June Coupon?

How much did a new car cost in June?

According to Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) of a new vehicle in June was $48,808, a month-over-month increase of 0.3% ($150) from an upwardly revised May reading of $48,658. ...

How much does a new car cost in June 2023?

In June 2023, the average price consumers paid for a new vehicle fell to $345 below manufacturers’ suggested retail price (MSRP), or sticker price. For comparison, a year ago, the average ATP was $698 above MSRP. Supported partly by improved pricing, new-vehicle sales in June by volume were the highest since May 2021. ...

How did vehicle sales change in June?

Sales into fleet and increasing incentives contributed to the 20.7% year-over-year volume gain. Compared with May, new-vehicle sales were up 0.5% in June. The average price paid for a new, non-luxury vehicle in June was $45,291, up only $17 compared to May. Year over year, non-luxury prices increased by 2.5%. ...

Are Americans ready to get Spendy with new cars?

Buyers paid record prices in the month of June. Americans are ready to get spendy with new cars. You may recall we reported on the average new car price crossing the $40,000 mark back in December 2020. ...

How much did electric cars increase in June vs May?

With an ATP of $66,997, electric vehicles saw an increase of $2,444 in June, while vans increased by $658 to an ATP of $50,126. The different car segments showed nominal increases in average transaction price in June versus May. ...

How did car prices change in June versus May?

The different car segments showed nominal increases in average transaction price in June versus May. Also in extremely short supply, compact cars were up only $146 or 0.6%, while mid-size cars were up 1%, or $325 for the month. Luxury cars showed a 6.4% decrease in ATP and full-size cars showed a 0.2% decrease. ...

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