Market Insights – Cox Automotive Inc.

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… Read Article

ATP average transaction price Market Insights Data Point

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… Read Article

ATP average transaction price Market Insights Data Point

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… Read Article

ATP average transaction price Market Insights Data Point

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… Read Article

ATP average transaction price Market Insights Data Point

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… Read Article

ATP average transaction price Market Insights Data Point

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… Read Article

ATP average transaction price Market Insights Data Point

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… Read Article

ATP average transaction price Market Insights Data Point

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… Read Article

ATP average transaction price Market Insights Data Point

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… Read Article

ATP average transaction price Market Insights Data Point

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… Read Article

ATP average transaction price Market Insights Data Point