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NEW-VEHICLE AVERAGE TRANSACTION PRICE “After a tumultuous last few years in the automotive marketplace, now we are seeing new-vehicle pricing trends hold steady,” saidRebecca Rydzewski, research manager at Cox Automotive. “Dealers and automakers are feeling price pressure, and with high auto loa...
After 20 months of new-vehicle ATPs holding above average MSRP, or sticker price, transaction prices are now trending downward. In April 2023, the average price consumers paid fell to $378 below sticker price. For comparison, a year ago, the average ATP was $600 above MSRP. Sales volumes ...
which helped to drive overall ATPs to a record high at the end of last year. InJanuary 2022, the average luxury buyer paid$64,635for a new vehicle, down$804month over month but still more than$1,300above sticker price. For comparison, luxury ...
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While getting behind the wheel of a new or used car can be a lot of fun, few buyers find the process of negotiating the price of a vehicle an enjoyable experience. With some preparation and persistence, though, you can …
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