Car Sales Picking up, Year-End Incentives High - Kelley Blue Book

Nov 27, 2024  · Incentives made up 7.7% of the average new car sale price last month – the …


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Car Sales Picking Up, Year-End Incentives High - Kelley Blue Book

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Nov 27, 2024  · Incentives made up 7.7% of the average new car sale price last month – the …

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

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Dec 11, 2024  · Last December, the Kelley Blue Book ATP estimate was $49,023, the highest …

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Best Year-End Deals Of 2024 - Kelley Blue Book

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Dec 19, 2024  · Jeep’s Gladiator pickup is also on sale to end the year, with 2.9% APR for up to …

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Average New Car Sale Now Involves 8% Discount - Kelley Blue Book

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Dec 11, 2024  · In November, Kelley Blue Book estimates show that the average transaction …

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

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Dec 11, 2024  · ATPs reached an all-time high of $49,926 in December 2022. Last December, …

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Kelley Blue Book Report: New-Vehicle Prices End Q3 Lower Year …

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The average transaction price of a new vehicle in September, at $48,397, was lower year over …

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New Vehicle Prices Jump In November: Kelley Blue Book

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Dec 15, 2024  · The average transaction price for a new vehicle in November was $48,724, up …

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Kelley Blue Book Report: New-Vehicle Incentives Climb

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Nov 12, 2024  · New-vehicle prices in October were up modestly year over year, at $48,623, …

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

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1 day ago  · General Motors finished the year with the U.S. sales crown, posting a 4.3% …

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Dec 11, 2024  · Sales incentives for new vehicles in November averaged 8.0% of ATP, up from …

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FAQs about Car Sales Picking up, Year-End Incentives High - Kelley Blue Book Coupon?

Will 2024 be a good year for auto sales?

Last December, the Kelley Blue Book ATP estimate was $49,023, the highest ATP of 2023. "The end of the year typically sees an increase in transaction prices, as luxury sales pick up as the year winds down," added Keating. "If sales volumes in November are any indication, we think 2024 will end on a positive note for the auto business. ...

Are higher incentives helping the EV market?

And the story is likely similar to the broader market – higher incentives are helping. In November, Kelley Blue Book estimates show that the average transaction price for a new EV was $55,105, a decrease of 1.8% from the downwardly revised October price. EV prices last month were lower year over year by 3.8%. ...

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. ...

What is the average incentive package for a new car?

The average incentive package for a new vehicle was equal to 7.3% of the average transaction price ($3,522) in September, up from 7.2% in August and well above the 4.8% reported one year ago. ...

What was the average new-vehicle incentive in July?

Average new-vehicle incentives in July reached 7.0% of the transaction price, the highest level in more than three years and nearly 60% above levels recorded one year ago. The average transaction price (ATP) of a new vehicle in July was $48,401, down 0.2% from one year ago. ...

Which cars have higher incentives in November?

Only the High-End Luxury Cars segment (BMW 7-Series, Mercedes S-Class, Lexus LS, etc.) had higher incentives, at 11.6% of ATP. New electric vehicle sales were also strong in November, with initial estimates suggesting that November volume in the U.S. market was the second-best ever, behind only August 2024. ...

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