New-Vehicle Prices Retreat from Record Highs but Remain Well …

Feb 9, 2022 · Because of this, we expect prices to remain high for the foreseeable future, but car shoppers can rest assured we don't anticipate any more record highs." The average price paid …

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New-Vehicle Prices Retreat From Record Highs But Remain Well …

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Feb 8, 2022 · New-vehicle average transaction prices (ATPs) decreased to $46,404 in January 2022, according to new data released today by Kelley Blue Book, after reaching a record high …

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

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Dec 17, 2024 · 2025 Brings Challenges for Used Car Shoppers, Forcing a Potential Shift Towards New Cars The average new-vehicle price has leveled off at $49,000, slightly below its June …

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New Car Prices Are Finally Coming Down From Record Highs

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Oct 31, 2022 · The average transaction price for new vehicles remains extremely high — up more than 24% in the past two years — but the trend is changing, according to a recent report from …

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As Luxury Share Grows, New-Vehicle Prices Hit Record High In …

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Dec 12, 2022 · November 2022 average new-vehicle transaction prices (ATPs) increased month over month and remain well above sticker price.; Luxury share increased to above 18% of total …

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New Car Prices Hit Record Highs. Are They Here To Stay? - Fatherly

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Feb 20, 2024 · According to CNBC, citing a Cox Automotive report, the average transaction price of a new car in June hit a new record of $48,083, up 1.9% from May and up 12.7% from a year …

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New Car Prices Hit Record High As Luxury Vehicle Sales Rise | Money

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Dec 12, 2022 · "Strong luxury vehicle sales have been a primary reason for overall elevated new-vehicle prices," the company reports. Some new car prices are falling. In November, 18.2% of …

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New-Vehicle Average Transaction Prices Retreat For Second …

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Mar 11, 2024 · The average transaction price of a new vehicle in the U.S. last month was $47,244, down 2.2% from February 2023 and down 5.4% from the market peak in December …

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

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4 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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New-Vehicle Prices Retreat From Record Highs But Remain Well …

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Feb 9, 2022 · /PRNewswire/ -- New-vehicle average transaction prices (ATPs) decreased to $46,404 in January 2022, ... New-Vehicle Prices Retreat from Record Highs but Remain Well …

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Average Used Car Price Up Slightly - Kelley Blue Book

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1 day 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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FAQs about New-Vehicle Prices Retreat from Record Highs but Remain Well … Coupon?

Are new car prices still high?

After four years of tumult, the car market is finally starting to resemble normalcy – at least in terms of seasonal price fluctuations and dealership lot inventory. Yet, as any car shopper knows, new car prices remain high. Over the past five years, new car prices have surged by 27%, and remain just shy of the record highs we saw in late 2022. ...

Are new-vehicle inventory levels improving?

ATLANTA, Dec. 12, 2022 / PRNewswire / -- New-vehicle inventory levels are improving, but prices remain elevated. 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. ...

Are new car prices finally coming down?

New car prices are finally coming down as vehicle inventory improves and auto loan interest rates reach the highest level in three years. The average transaction price for new vehicles remains extremely high — up more than 24% in the past two years — but the trend is changing, according to a recent report from consumer research firm J.D. Power. ...

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. ...

Why is new-vehicle inventory rising?

With new-vehicle inventory continuing to rise in the U.S., downward price pressure and higher incentives appear to be key drivers of the market's current momentum. At the start of February, new-vehicle inventory in the U.S. stood near 2.61 million units, a 50% increase from one year earlier. ...

Will used car prices be stable in 2025?

This acts as upward pressure on used car prices, despite other market forces working in the opposite direction. CarEdge Prediction: Used car prices will be stable in 2025, with very slight movements reflecting the typical seasonal trends. We predict that the average selling price for a used car will remain near $25,500 in 2025. ...