Average price of a new car hits $13,520Richard C. Noble
It's been a while—20 months, to be exact—but the average price of a new car is once again below the official sticker price. For almost two years now, the average new car price has kept climbing and climbing, assisted by plenty of dealer markups that regularly reminded us that car sh...
While you can negotiate the price of a new car, dealers need to make at least the invoice cost of a car, or at least that's what they make you think. While you may hear that the dealer is "giving you the car," in reality, they make something—they just don't disclose it to yo...
More to the point, the cheapestTesla Model Ynow has an MSRP of $46,990 (without destination charge), which is $759 less than the average price of a new car or truck sold in the US. It’s an important development that helps change the mentality of some people who think that EVs are...
According to Kelly Blue Book, the average transaction price of a non-luxury new car in America at the end of 2022 was $44,584. Now, that number shocked me—and not just because I’m cheap and buy used cars—mainly because of the implications for the industry in general. Forty-four gr...
On the used car markets, sellers have to “price in” the savings offered by the federal electric vehicle tax credit. Meanwhile, as the vast majority of EVs are leased, an increasing number of leased plug-ins hit the used car market every year, typically at prices well below their gas-po...
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the average transaction price of a new car in December of last year reached $49,507, a 1.9% increase over the month before and an astonishing 4.9% year-over-year increase. In fact, Kelley Blue has also calculated that car buyers have paid over MSRP for new vehicles since July of 2021....
The average transaction price (ATP) for a new vehicle in October 2023 was $47,936, a 1.4% decline year over year; ATPs are down 3.5% from
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