Market Insights – Cox Automotive Inc.

New-Vehicle Transaction Prices Decline as Automaker Incentives Hit Highest Point in a Year, According to Kelley Blue Book 05/09/2023 ATLANTA, May 9, 2023 – The average price Americans paid for a new vehicle in April remained below the manufacturer’s suggested retail price (MSRP) for the second consecutive month, according to data released today by Kelley Blue Book, a Cox Automotive company. The average transaction price (ATP) of a new vehicle in the U.S. remained relatively flat in April 2023 at $48,275, a month-over-month decrease of… Read Article

ATP average transaction price Market Insights Data Point

After Nearly Two Years, New-Vehicle Transaction Prices Fall Below Sticker Price in March, According to New Data from Kelley Blue Book 04/11/2023 ATLANTA, April 11, 2023 – A nearly two-year trend was broken in March 2023 when the average price Americans paid for a new vehicle fell below the manufacturer’s suggested retail price (MSRP) for the first time in 20 months, according to data released today by Kelley Blue Book, a Cox Automotive company. The average transaction price (ATP) of a new vehicle in the United States declined… Read Article

ATP average transaction price Market Insights Data Point

New-Vehicle Transaction Prices Trend Downward as Incentives Rise, According to Kelley Blue Book 03/08/2023 ATLANTA, March 8, 2023 – The average transaction price (ATP) of a new vehicle in the United States declined in February 2023 to $48,763, a decrease of 1.4% ($705) from an upwardly-revised January reading of $49,468. Transaction prices last month were up 5.3% ($2,466) from year-ago levels, according to data released today by Kelley Blue Book, a Cox Automotive company. Meanwhile, incentive spend rose to 3.0%,… Read Article

ATP average transaction price Market Insights Data Point

Luxury Share of U.S. Market Sets New Record in January, as Transaction Prices Remain up 5.9% Year Over Year, According to Kelley Blue Book 02/13/2023 ATLANTA, Feb. 13, 2023 – The average transaction price (ATP) of a new vehicle in the U.S. declined slightly in January 2023 to $49,388, a decrease of 0.6% ($310) from December's record high and up 5.9% ($2,768) from levels one year earlier. New-vehicle inventory levels are increasing from historic lows in early 2022, but prices remain elevated, according to data released today by Kelley Blue Book, a Cox Automotive company. NEW-VEHICLE AVERAGE TRANSACTION… Read Article

ATP average transaction price Market Insights Data Point

No End in Sight: New-Vehicle Transaction Prices End 2022 at Record Highs, According to New Data from Kelley Blue Book 01/11/2023 ATLANTA, Jan. 11, 2023 – The average transaction price (ATP) of a new vehicle in the U.S. hit a record high in December at $49,507, an increase of 1.9% ($927) from November and up 4.9% ($2,297) from year-earlier levels. New-vehicle inventory levels are increasing from historic lows earlier in 2022, but prices remain elevated, according to data released today by Kelley Blue Book, a Cox Automotive… Read Article

ATP average transaction price Market Insights Data Point

As Luxury Share Grows, New-Vehicle Prices Hit Record High in November, According to Latest Kelley Blue Book Average Transaction Price Data 12/12/2022 ATLANTA, Dec. 12, 2022 – 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 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… Read Article

ATP average transaction price Market Insights Data Point

Consumers Pay More for Both Non-Luxury and Luxury New Vehicles in October, According to Latest Kelley Blue Book Average Transaction Price Data 11/09/2022 ATLANTA, Nov. 9, 2022 – The average price paid for a new vehicle in the United States in October 2022 was up from September and remains above the $48,000 mark, according to data released today by Kelley Blue Book, a Cox Automotive company. The Kelley Blue Book new-vehicle average transaction price (ATP) increased to $48,281 in October, slightly lower than the revised all-time high of $48,301… Read Article

ATP average transaction price Market Insights Data Point

New-Vehicle Average Transaction Prices Fall for First Time in Five Months After Recently Hitting Record High, According to Kelley Blue Book 10/12/2022 The average price paid for a new vehicle in the United States in September 2022 was down from August’s record but remains solidly above the $48,000 mark, according to new data released today by Kelley Blue Book, a Cox Automotive company. The Kelley Blue Book new-vehicle average transaction price (ATP) decreased to $48,094 in September, slightly lower than the previous high of $48,240. September prices dipped… Read Article

ATP average transaction price Market Insights Data Point

New-Vehicle Prices Increase for Fifth Straight Month, Set Record Again in August, According to Kelley Blue Book 09/12/2022 The average price paid for a new vehicle in the U.S. in August topped July’s record and kept the average transaction price (ATP) solidly above the $48,000 mark, according to new data released today by Kelley Blue Book, a Cox Automotive company. The Kelley Blue Book new-vehicle ATP increased to $48,301 in August 2022, beating the previous high of $48,080 set in the prior month. August… Read Article

ATP average transaction price Market Insights Data Point

New-Vehicle Prices Set New Record in July 2022, According to Kelley Blue Book, as Inventory Improves Year-Over-Year and Luxury Share Remains Elevated 08/10/2022 The average price paid for a new vehicle in the U.S. in July topped June’s record and kept the average transaction price (ATP) solidly above the $48,000 mark, according to new data released today by Kelley Blue Book, a Cox Automotive brand. The Kelley Blue Book new-vehicle ATP increased to $48,182 in July 2022, beating the previous high of $48,043 set last month. July prices rose… Read Article

ATP average transaction price Market Insights Data Point