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3 min read
Luxury Share Increases in April, Pushing New-Vehicle Average Transaction Prices Higher, according to Kelley Blue Book
05/10/2022
New-vehicle average transaction prices (ATPs) increased to $46,526 in April 2022, according to new data released by Kelley Blue Book, a Cox Automotive company. Prices rose 0.7% ($304) month over month and remain elevated compared to one year ago, up 13.0% ($5,354) from April 2021. New-vehicle inventory days’ supply stayed in the low 30s in April while customer demand remained high. These conditions enabled most dealers to…
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3 min read
New-Vehicle Transaction Prices Decline for Third Straight Month, but Remain Above MSRP, according to Kelley Blue Book
04/11/2022
New-vehicle average transaction prices (ATPs) decreased to $45,927 in March 2022 after reaching a record high in December 2021, according to new data released by Kelley Blue Book, a Cox Automotive company. Prices fell 0.3% ($156) month over month, but remain elevated compared to one year ago, up 12.9% ($5,247) from March 2021. New-vehicle inventory days’ supply was in the low 30s in March while customer demand…
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3 min read
New-Vehicle Prices Decline Again in February Yet Remain Nearly $5,000 Higher Than One Year Ago, According to Kelley Blue Book
03/10/2022
New-vehicle average transaction prices (ATPs) decreased to $46,085 in February 2022 after reaching a record high in December 2021, according to new data released by Kelley Blue Book, a Cox Automotive company. Prices fell 0.5% ($253) month over month due to fewer luxury vehicles being sold in February, but prices remain elevated compared to one year ago, up 11.4% ($4,719) from February 2021. New-vehicle inventory edged…
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3 min read
New-Vehicle Prices Retreat From Record Highs But Remain Well Above MSRP, According to Kelley Blue Book
02/08/2022
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 in December 2021. Prices fell 1.8% ($839) month over month mostly due to fewer luxury vehicles being sold in January, but prices remain elevated compared to one year ago, up 12.5% ($5,155) from January 2021. With new-vehicle supply holding steady at the…
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2 min read
Strong Luxury Vehicle Sales in December 2021 Drive Average New-Vehicle Prices Further Into Record Territory, According to Kelley Blue Book
01/11/2022
New-vehicle average transaction prices (ATPs) increased further into record territory in December 2021 to reach $47,077, according to new data released today by Kelley Blue Book. Prices are sharply elevated from last year, up nearly 14% ($5,742) from December 2020 and up 1.7% ($808) month over month. New-vehicle inventory levels remain tight, and with sufficient consumer demand, dealers continue to hold prices at or above the…
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3 min read
Eight Straight: New-Vehicle Prices Mark Another Record High in November, According to Kelley Blue Book
12/10/2021
New-vehicle prices increased further into record territory in November, including a modest increase from the month prior. According to new data released today by Kelley Blue Book, average transaction prices (ATPs) are sharply elevated from last year, up more than 13% from November 2020. New-vehicle inventory levels remain tight, and with sufficient consumer demand, dealers have been able to hold prices at or above the manufacturer's suggested…
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3 min read
As Americans Buy More Luxury Vehicles and Pickup Trucks, Average New-Vehicle Transaction Prices Soar, According to Kelley Blue Book
11/10/2021
New-vehicle prices jumped up for a seventh straight month and hit another all-time high in October 2021, surpassing $46,000 for the first time, according to a new report from Kelley Blue Book. At $46,036, the average transaction price (ATP) for a new vehicle was up 12.9% (or $5,266) from one year ago in October 2020 and up 2.0% (or $910) from September 2021. NEW-VEHICLE AVERAGE TRANSACTION…
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2 min read
Average New-Vehicle Transaction Prices Top $45,000 for First Time, According to Kelley Blue Book
10/13/2021
New-vehicle prices hit another all-time high in September 2021, marking the sixth straight record-setting month and surpassing $45,000 for the first time, according to a new report from Kelley Blue Book. At $45,031, the average transaction price (ATP) for a new vehicle was up 12.1% (or $4,872) from one year ago in September 2020 and up 3.7% (or $1,613) from August 2021. NEW-VEHICLE AVERAGE TRANSACTION PRICE…
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2 min read
New-Vehicle Prices Surge to Record Highs for Fifth Straight Month, According to Kelley Blue Book
09/14/2021
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 average transaction price (ATP) for a new vehicle was up nearly 10% ($3,789) from one year ago in August 2020, and up 1.6% ($685) from July 2021. Yet the all-time-high prices also accompanied the fourth straight month of a…
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2 min read
New-Vehicle Transaction Prices Hit Fourth Straight Record High in July
08/17/2021
The average transaction price (ATP) for a new automobile in July 2021 hit a new record high in the United States at $42,736, according to the analysts at Kelley Blue Book. Transaction prices were up $3,223 (8.2%) from July 2020 and increased $402 (0.9%) from June 2021. New-vehicle transaction prices have increased – and set new records – for four straight months. A tight supply of…
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