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

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 to lure buyers — fell ...

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

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

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Jul 12, 2022 · The average price for a new electric vehicle – over $66,000, according to Kelley Blue Book estimates, is well above the industry average and more aligned with luxury prices …

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Average New-Vehicle Prices Hit All-Time High, According To Kelley …

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Jul 19, 2021 · According to Kelley Blue Book, the record-high ATP of $42,258 in June was 99.9% of the average MSRP of $42,290.For comparison, in January of this year, ATP was 95.9% of …

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New-Vehicle Average Transaction Prices Drop To ... - Kelley Blue …

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ATLANTA, April 15, 2024 /PRNewswire/ -- New-vehicle transaction prices (ATP) in March 2024 held mostly steady, according to an analysis by Kelley Blue Book, down 1% from the revised …

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Americans Paid Record Prices For New Cars In June

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Jul 22, 2021 · The list price for a new car in June was $42,290. Buyers paid, on average, 99.9% of sticker. The Ten Cars Selling For The Highest Markups. Cars Growing Less Affordable …

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New-Vehicle Average Transaction Prices Drop To Lowest Level In …

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Apr 15, 2024 · New-vehicle transaction prices (ATP) in March 2024 held mostly steady, according to an analysis by Kelley Blue Book, down 1% from the revised February ATP. Last month, the …

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New-Vehicle Average Transaction Prices Retreat For ... - Kelley Blue …

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Mar 11, 2024 · New-vehicle average transaction prices (ATP) in February 2024 declined from January and were lower year over year by 2.2%; new-vehicle ATPs are now down 5.4% from …

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Average New Car Transaction Price Climbs Ever Higher In 2024

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6 days ago · The average cost of a new car in November rose to $48,724 – the highest recorded for 2024 and a 2.3% increase over the beginning of the year.That’s up $699 (or 1.5%) from the …

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Average Used Car Price Fell In June - Kelley Blue Book

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Jul 19, 2024 · The average used car was listed for $25,251 in June, down about $400 from May’s price and down more than $1,700 from last June, according to data from Kelley Blue Book …

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New-Vehicle Average Transaction Prices Retreat For Second …

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Mar 11, 2024 · New-vehicle transaction prices (ATP) in February 2024 held mostly steady, according to an analysis by Kelley Blue Book, falling less than one-tenth of 1% from the …

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

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Jul 14, 2023 · Average Used Car Price Held Steady in June By Sean Tucker 07/14/2023 8:48am The average used car buyer paid $27,147 in June — $109 less than in May .

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FAQs about Average New Car Price Held Steady in June - Kelley Blue Book 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 much does a new car cost in July?

According to Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) of a new vehicle in July was $48,334, a month-over-month decrease of 0.7% ($337) from June's ATP of $48,671, and up only $199 from one year ago. ...

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%. ...

What happened to luxury car prices in June?

In contrast to the non-luxury segment, luxury vehicle prices in June were down more than 2% year over year. The average luxury buyer paid $63,977 last month, up $305 from May. Since the start of the year, luxury prices have declined by more than 4%. Tesla, the luxury market leader, has slashed prices by more than 11% so far in 2023. ...

What happened to Kelley Blue Book prices in 2019?

“The last several months have followed very closely to 2019’s levels, the last normal year we’ve seen,” said Chris Frey, senior manager of Economic and Industry Insights at Cox Automotive. Cox Automotive is the parent company of Kelley Blue Book. Prices have stabilized largely because inventory has stabilized. ...