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

Jul 19, 2021 · Average New-Vehicle Prices Hit All-Time High, According to Kelley Blue Book. ... 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 MSRP; one …

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

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Average New Vehicle Prices Hit All-Time High

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Jul 20, 2021 · The estimated average transaction price (ATP) for a light vehicle in the United States was $42,258 in June 2021, according to the analysts at Kelley Blue Book. New-vehicle …

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Average New-Car Price Tops $47,000, An All-Time High - Yahoo

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Jan 21, 2022 · For the first time ever, the average price of a new car has edged past $47,000, according to a new report from Kelley Blue Book and data from TrueCar, a CR partner that …

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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 Transaction Price Climbs Ever Higher In 2024

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Dec 30, 2024 · 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 …

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Prices For New Vehicles Hit All-time Highs Amid Rising Energy Prices

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According to the most recent data from Kelley Blue Book, the average transaction price for a new vehicle hit $46,085 in February. That is down slightly from the previous month but still near the ...

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

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Jul 19, 2021 · Average New-Vehicle Prices Hit All-Time High, According to Kelley Blue Book ... According to Kelley Blue Book, the record-high ATP of $42,258 in June was 99.9% of the …

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‘Alarming’ New Car Prices Push Buyers Toward Used Vehicles, But …

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4 days ago · At $28,800, the 2023 white Nissan Pathfinder with 40,000 miles was the best deal Grey found — and slightly below the region’s average used-car price. The cost of a new …

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

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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 …

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Average Used Car Price Up Slightly - Kelley Blue Book

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18 hours ago · The average used car in America was listed for $25,565 last month -- a 0.25% increase from the previous month but still 3.4% lower than a year prior.

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US New-car Sales Hit Highest Level Since 2019 | Invezz

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3 days ago · US new-car sales hit their highest level since 2019, surpassing 15.8 million. ... accounting for roughly 8% of all new vehicles purchased in 2024, according to Cox. ... The …

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FOR IMMEDIATE RELEASE New-Vehicle Prices Surge To …

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all-time high in August 2021, marking the fifth straight record-setting month. At $43,355, the average transaction price (ATP) for a new vehicle was up nearly 10% ($3,789) from one year …

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Average New-Vehicle Transaction Prices Top $45,000 For First Time ...

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IRVINE, Calif., Oct. 13, 2021 /PRNewswire/ -- New-vehicle prices hit another all-time high in September 2021, marking the sixth straight record-setting month and surpassing $45,000 for …

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New-Vehicle Prices Surge To Record Highs For Fifth ... - Kelley Blue …

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Sep 14, 2021 · According to a new report from Kelley Blue Book, new-vehicle prices hit another all-time high in August 2021, marking the fifth straight record-setting month. ... - At $43,355, …

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FAQs about Average New-Vehicle Prices Hit All-Time High, According to Kelley … Coupon?

When do car transaction prices peak?

Transaction prices in November, at $48,724, were at the highest point of 2024 and are up 2.3% since January. In any given year, vehicle transaction prices typically peak in December. ATPs reached an all-time high of $49,926 in December 2022. Last December, the Kelley Blue Book ATP estimate was $49,023, the highest ATP of 2023. ...

How much did a new car cost in November 2022?

According to data released today by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. November prices rose 0.9% ($422) month over month from October 2022 and were up 4.4% ($2,250) from year-earlier levels. ...

What is the average cost of a new car in February?

The average cost of a new car in February was $46,085, according to the most recent data from Kelley Blue Book. This is a slight decrease from the previous month but still near record-high prices, which were measured in December 2021. Prices have increased by over $4,700, or 11.4 percent, compared to February last year. ...

Why are new car prices so high?

“Once people understand the difference between their needs and their wants, everything gets a lot easier,” said Sultan Mohammad, a salesman at Fremont Toyota in Fremont, California. Industry analysts say years of low interest rates plus Americans’ affinity for big, expensive vehicles with fancy bells and whistles led to skyrocketing new-car prices. ...

Why are new-vehicle prices rising?

Strong luxury vehicle sales have been a primary reason for overall elevated new-vehicle prices. Luxury vehicle share remains historically high, increasing to 18.2% of total sales in November from 17.8% in October. The high share of luxury sales helps to push the overall industry ATP higher. ...

How much did new-vehicle prices increase in June 2021?

New-vehicle prices increased $2,527 (up 6.4%) from June 2020, while increasing $928 (up 2.2%) from May 2021. "Despite unprecedented low incentives and inventory levels in June, last month showcased more historically high average transaction prices, reaching an all-new record," said Kayla Reynolds, industry intelligence analyst at Cox Automotive. ...