ATLANTA, Feb. 12, 2024– The U.S. new-vehicle market sales pace slowed in January 2024, despite lower prices and higher incentives. According to an analysis by Kelley Blue Book, a Cox Automotive company, the U.S. new-vehicle average transaction price (ATP) last month in the U.S. was...
Incentives averaged $1,914 in May to reach the highest point in a year, increasing to 3.9% of the average transaction price compared to 3.5% in April. While May incentives increased by $229 month over month, they remain historically low. For comparison, Kelley Blue Book estimates incentives ...
"Most automaker transaction prices increased in March 2018 as the industry average rose 2 percent," said Tim Fleming, analyst for Kelley Blue Book. "Average transaction price growth was headlined by SUVs, particularly in the mid-size and full-size segments. Although fuel prices...
Kelley Blue Book Report: New-Vehicle Incentives Climb Higher in October, as Many Automakers Work to Clear Inventory The average transaction price (ATP) paid for a new vehicle in the U.S. in October was $48,623, according to new data from Kelley ...
Negotiate the price of a vehicle Compare the values of various makes and models In conclusion, both NADA and Kelley Blue Book provide valuable information for evaluating the cost and value of cars. Depending on your individual needs and perspective, you may find it beneficial to use both guides...
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The Hyundai IONIQ 5’s retro-inspired styling turns heads, but the 303-mile rangei combined with its impressive, easy-to-use tech and spacious interior at a good price solidify this vehicle a Best Buy. Praise for the Santa Fe from Kelley Blue BookWe recognize not only the immense value ...
As automakers produce more electrified vehicles, consumers are increasingly eager to buy them. According to an analysis of Q2 2021 data fromKelley Blue Book, sales of pure EVs surpassed 100,000 units in the quarter – a first – and hybrid sales were over 250,000 uni...
KelleyBlueBook(KBB)isoneofthemostvisitedautomotivesitesontheWeb. Visitorsflocktheretoestimatethepriceofacartheymightbuyorsell.KBB neededtoenhanceitssite’sperformanceforadvertisers,whohadbecomea majorsourceofrevenueassalesoftheprintedKelleyBlueBookhaddeclined. ...
Kelley determines Blue Book values by analyzing pricing information from real-world used car prices, as well as industry developments, economic conditions, and location. Potential problems with Blue Book values include a delay as price information is assessed, the consumer tendency to overrate the v...