Average New Car Prices Fall Year-Over-Year, Incentives Rise

Oct 11, 2024  · On average, new car buyers paid $48,397 in September. That’s a 0.4% decrease year over year, and down about $250 since June.


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Average New Car Prices Fall Year-Over-Year, Incentives Rise

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Oct 11, 2024  · On average, new car buyers paid $48,397 in September. That’s a 0.4% decrease year over year, and down about $250 since June.

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Average New Car Transaction Prices Drop To $48k, Incentives On …

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Sep 7, 2024  · The country’s most affordable segment for new vehicles remains the subcompact car class with an ATP of $23,031 in July, 3.9% lower than in June and down 7.3% year-over …

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New Car Discounts And Incentives Are Increasing, But Average …

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Nov 18, 2024  · The average final sale price of a new car rose slightly, ending the month at $48,623 — $226 higher than last month’s average. Fluctuations have been that small for …

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Affordability Is On The Rise As New-Car Prices Dip Below $49K For …

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Mar 14, 2024  · New-car prices recede below $49,000 for the first time in over a year. February saw the average new-car price fall to $48,942 from a high of $50,000 in August 2023 — …

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Affordability Is On The Rise As New-Car Prices Dip Below ... - Cars.com

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Mar 14, 2024  · New-car prices recede below $49,000 for the first time in over a year. February saw the average new-car price fall to $48,942 from a high of $50,000 in August 2023 — …

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Kelley Blue Book Report: New-Vehicle Prices Climb In November, …

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Dec 11, 2024  · New-vehicle prices in November were higher year over year for the second straight month, as vehicle costs reached $48,724. Incentive spending jumped to 8.0% of the …

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Four Market Trends To Track If You’re Thinking About Buying A Car …

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Dec 17, 2024  · Electric vehicle prices are up 1.4% year-over-year, but dealers have general offered bigger incentives on these cars for several months now and the discounts aren't …

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New Car Prices Fall As Inventory, Dealer Incentives Rise - Money

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Jul 13, 2023  · The average new car costs nearly $900 less than it did at the start of the year. New car prices are falling so far in 2023, thanks to rising inventory and an increase in car …

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2025 Trends: Car Prices Remain Stubbornly High In New Year And ...

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Dec 17, 2024  · On the new-car front, EV inventories increased by 35% year over year, although price sensitivity remains a challenge — new EVs are priced $13,000 above the average new …

cars.com

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Average New Car Price Holds Steady; Incentives Rising

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May 10, 2023  · New car prices, on a roller coaster for more than two years, seem to have temporarily stabilized. Americans paid $48,275 for the average new car in April. That figure is …

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U.S. New-Vehicle Prices Down Year Over Year For Third Straight …

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Dec 11, 2023  · The average transaction price (ATP) for a new vehicle in November 2023 was $48,247, an increase from last month but down 1.5% year over year.. After retreating slightly …

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New Car Price Trends In 2025: Average Selling Prices Hold Steady

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3 days ago  · The average price for a new car is $48,978 in January 2025. New car prices have remained near record highs since 2022. Year-end car sales have ended, likely leading to a …

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US New Vehicle Sales Rose 2.7% Last Year As Prices And ... - The Hill

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1 day 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 …

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New Car Price Keeps Climbing, With Average Now At Almost $47,100

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Jan 12, 2022  · The new average was noted by Kelley Blue Book, which also calculated an amazingly rapid rate of increase for car prices for the past three years. The average price rose …

caranddriver.com

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Cars Are Finally Getting More Affordable. Here’s Why. - MSN

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The average cost of a new car is roughly $47,000, up about $10,000, or 33%, from 2019. But interest rates are off highs and the average price is down almost $3,000 from the peak.

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Affordability Is On The Rise As New-Car Prices Dip Below

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Mar 14, 2024  · New-car prices recede below $49,000 for the first time in over a year. February saw the average new-car price fall to $48,942 from a high of $50,000 in August 2023 — …

cars.com

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Why Consumers Could Score Big On New Vehicles In 2025

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4 days ago  · Ed Kim, president and chief analyst at AutoPacific, revised his EV market share in the U.S. to 9.7%, a drop from his previous forecast of 10.3% for 2025.

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New Car Prices Down Record 2.4% Since Last Year

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Jan 11, 2024  · The average non-luxury car buyer paid $45,283 last month — an increase of $901 (up 2%) from November but lower year over year by 0.8%. But prices changed more at some …

kbb.com

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

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

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1 day ago  · 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 By Associated Press Jan. 3, 2025

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US New Vehicle Sales Rose 2.7% Last Year As Prices And ... - KOB.com

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1 day ago  · 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 analysts say discounts, …

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FAQs about Average New Car Prices Fall Year-Over-Year, Incentives Rise Coupon?

How much did a new car cost in December?

That's because the average new car price in the U.S. in December rose to $47,077. The new average was noted by Kelley Blue Book, which also calculated an amazingly rapid rate of increase for car prices for the past three years. The average price rose just under $1800 in 2019, then just over $3301 in 2020, and then an incredible $6220 in 2021. ...

How much did a new car cost in June?

The average price of a new vehicle was $48,808 in June, which is $865 lower than the average transaction price in January, according to a new report from Kelley Blue Book. That means prices are down 1.7% since the start of the year. ...

Are incentives bringing car prices down?

But an old factor we all learned not to count on in the chaos of the last two years is now back and bringing prices down — incentives. Those advertised discounts manufacturers use to help sell cars are back. Incentives made up 3.6% of the average new car sale price last month — the highest figure in a year. ...

How much does a new car cost in October?

In October, the average discount was 7.7%. The average final sale price of a new car rose slightly, ending the month at $48,623 — $226 higher than last month’s average. Fluctuations have been that small for months. ...

How much did Americans pay for a new car in April?

Americans paid $48,275 for the average new car in April. That figure is $14 below March’s upwardly-revised average of $48,289. They remain higher than a year ago. But an old factor we all learned not to count on in the chaos of the last two years is now back and bringing prices down — incentives. ...

Are new cars more expensive than a year ago?

New cars are also now selling for more than $600 below sticker price on average, according to data from Edmunds. While the situation varies by brand, the overall trend is toward buyers having greater ability to score a discount at the dealership. New vehicle prices are still more expensive than they were a year ago. ...

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