New-Vehicle Prices Increase for Fifth Stra…

Inventory improves year over year but remains historically low; incentives decreased slightly in August over July, averaging only 2.3% of the average transaction price.Luxury share remains elevated – at 17.5% of sales – pushing industry average transaction price higher.Non-luxury vehicle buyers paid on average $1,102 above sticker price, an increase from the prior month.

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New-Vehicle Prices Increase For Fifth Stra…

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New-Vehicle Prices Increase For Fifth Straight Month, Set Record …

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Sep 12, 2022 · The average price paid for a new non-luxury vehicle last month was $44,559, up $132 month-over-month and a record for non-luxury vehicles, beating out the high set the prior month. Car shoppers in the non-luxury segment paid on average $1,102 above sticker price, …

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New-vehicle Prices Increase For Fifth Straight Month

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The average price paid for a new non-luxury vehicle last month was $44,559, up $132 month-over-month and a record for non-luxury vehicles, beating out the high set the prior month. Car …

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

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4 days ago · Electric vehicle sales rose 8.8% for the year to just under 1.3 million, beating 2023’s record of 1.19 million. That’s slower growth than the 47% increase in 2023, and EVs face an …

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New-vehicle Prices Surge To Record Highs For 5th Straight Month

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— 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, the average …

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New-Vehicle Prices Surge To Record Highs For Fifth Straight Month ...

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Sep 14, 2021 · New-car prices just continue to climb, month after month." ATPs in August were driven higher in part by strong luxury vehicle sales. Luxury sales accounted for 16.2% of the …

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New-Vehicle Prices Increase For Fifth Straight Month, Set Record …

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Sep 12, 2022 · The average price paid for a new non-luxury vehicle last month was $44,559, up $132 month-over-month and a record for non-luxury vehicles, beating out the high set the prior …

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New-Vehicle Prices Surge To Record Highs For Fifth Straight Month ...

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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, the …

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

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Dec 17, 2024 · The average new-vehicle price has leveled off at $49,000, slightly below its June 2023 peak of $50,300, a small but encouraging shift since prices began accelerating in spring …

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New-Vehicle Prices Increase For Fifth Straight Month, Set Record …

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Sep 12, 2022 · The average price paid for a new non-luxury vehicle last month was $44,559, up $132 month-over-month and a record for non-luxury vehicles, beating out the high set the prior …

prnewswire.com

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New-Vehicle Prices Increase For Fifth Straight Month, Set Record …

3 weeks from now

Sep 12, 2022 · The average price paid for a new non-luxury vehicle last month was $44,559, up $132 month over month and a record for non-luxury vehicles, beating out the high set the prior …

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

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6 days ago · According to the most recent data from Cox Automotive, the average transaction price for new cars is $48,978. That’s down 3% from the peak of $49,929 in December 2022. …

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FAQs about New-Vehicle Prices Increase for Fifth Stra… Coupon?

How much does a new car cost?

Average transaction prices for new vehicles sold in the U.S. jumped for the seventh straight month in October and hit a record $46,036 with buyers paying an average of $800 over sticker price. - At $45,031, the average new-vehicle transaction price hit a record high in September 2021 for the sixth consecutive month, according to Kelley Blue Book. ...

Why are so many car shoppers postponing a new car purchase?

Nearly half of car shoppers are likely to postpone their purchase due to the chip shortage with most planning to wait several months. - At $43,355, the average new-vehicle transaction price hit a record high in August 2021 for the fifth consecutive month, according to Kelley Blue Book. ...

Are consumers paying more than MSRP for a new car?

Consumers continue to pay well above MSRP for a new vehicle, marking eight straight months of paying more than sticker price. -- Luxury vehicle sales comprised 18.4% of total sales in December 2021, pushing average transaction prices higher. ...

Will auto loan rates change in the first three months?

The average auto loan rate fell from last year’s peak of 7.3% in July to 6.6% in December, Drury said. He said he doesn’t think prices will change much in the first three months of this year as automakers try to clear their lots of 2024 models. ...

Are electric car prices still 27% higher than they were in 2019?

But prices were still 27% above what they were in 2019. Electric vehicle sales rose 8.8% for the year to just under 1.3 million, beating 2023’s record of 1.19 million. ...

Will the new-vehicle market finish on a high note?

“It’s been a volatile year for the new-vehicle market, but it is expected to finish on a high note,” Charlie Chesbrough, senior economist at Cox Automotive, told Reuters. The strong sales were supported by what GM Chief Financial Officer Paul Jacobson called a “remarkably” resilient consumer. ...