Market Insights – Cox Automotive Inc.

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

New-Vehicle Prices Set a Record in June, According to Kelley Blue Book, as Luxury Share Hits New High 07/12/2022 The average price paid for a new vehicle in the U.S. in June was the highest on record and marked the first time the average transaction price (ATP) surpassed the $48,000 mark, according to new data released by Kelley Blue Book, a Cox Automotive company. The new-vehicle ATP increased to $48,043 in June 2022, according to Kelley Blue Book, beating the previous high of $47,202 set… Read Article

ATP average transaction price Market Insights Data Point

New-Vehicle Prices Flirt with Record High in May, According to Kelley Blue Book, as Luxury Share Remains Strong 06/09/2022 New-vehicle average transaction prices (ATPs) increased to $47,148 in May 2022, according to new data released by Kelley Blue Book, a Cox Automotive company. Prices rose 1% ($472) month over month and remain elevated compared to one year ago, up 13.5% ($5,613) from May 2021. The average price paid for a new vehicle in the U.S. last month was the second-highest on record, behind only December… Read Article

ATP average transaction price Market Insights Data Point

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