new-vehicle price Archives

Average New-Vehicle Prices Continue to Climb, up 2.2% Year Over Year for April 2021, According to Kelley Blue Book 05/18/2021 The estimated average transaction price for a light vehicle in the United States was $40,768 in April 2021, according to the analysts at Kelley Blue Book. New-vehicle prices increased $864 (up 2.2%) from April 2020, while increasing $92 (up 0.23%) from March 2021. Click image to enlarge. “Comparing the current market to this time last year, when COVID-19 brought the industry to a halt, highlights an… Read Article

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U.S. New-Vehicle Shoppers Expect Limited Choices, High Prices 05/11/2021 ATLANTA, May 11, 2021 – New consumer research conducted by Kelley Blue Book indicates consumers in-market for a new automobile are expecting to be greeted by limited choices and high prices. The research, which involved surveying consumers during the final full week of April, found that three out of four in-market shoppers—those likely to purchase within a year—are familiar with the global microchip shortage and its impact on… Read Article

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Average New-Vehicle Prices Drop 2.3% in Q1 Contributing to Improved Vehicle Affordability 04/15/2021 The estimated average transaction price for a light vehicle in the United States was $40,472 in March 2021, according to the valuation analysts at Kelley Blue Book. New-vehicle prices increased $1,660 (up 4.3%) from March 2020, while falling $608 (down 1.5%) from February 2021. Click image to enlarge. For the fifth straight month, affordability improved in March, according to the Cox Automotive/Moody's Analytics Vehicle Affordability Index, published earlier today. With both the price and the average financing rate declining, the monthly payment was lower. The… Read Article

ATP average transaction price new-vehicle price Market Insights Data Point

Average New-Vehicle Prices Jump More Than 6% Year Over Year, Most Luxury Segments Decline, According to Kelley Blue Book 03/11/2021 The estimated average transaction price for a light vehicle in the United States was $41,066 in February 2021, according to the valuation analysts at Kelley Blue Book. New-vehicle prices increased $2,515 (up 6.52%) from February 2020, while falling $31 (down 0.08%) from January 2021. Click image to enlarge. “Average transaction prices continue to rise year-over-year and given the economy hasn’t fully recovered from the pandemic, we expect prices have yet to reach their peak,” said Kayla Reynolds, industry intelligence analyst at Cox Automotive. “On… Read Article

ATP average transaction price new-vehicle price Market Insights Data Point

Average New-Vehicle Transaction Prices Continue to Surpass $40,000, According to Kelley Blue Book 02/15/2021 The estimated average transaction price for a light vehicle in the United States was $40,857 in January 2021, according to the valuation analysts at Kelley Blue Book. New-vehicle prices increased $2,110 (up 5.45%) from January 2020, while falling $295 (down 0.72%) from last month. Click image to enlarge. “January 2021 prices are coming off a historical quarter, with average transaction prices reaching more than $40,000 for the first time at the end of last year,”… Read Article

ATP average transaction price new-vehicle price Market Insights Data Point