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Despite more than 100 models costing over $60,000 in May, average transaction prices for new cars are trending down
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Auto Dealers, Buyers Adapt to Higher Prices for New Cars. (Originated from The Indianapolis Star)Koenig, Bill
Car manufacturers set the MSRP (Manufacturer’s Suggested Retail Price) on all new cars. It’s the same for every car of the same make and model with the same equipment. It’s the price you see on the window sticker. The word “suggested” implies that dealers don’t have to sell at...
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The average price of a new vehicle is expected to hit $33,319, the highest ever for the first quarter. Automakers prefer making pricier trucks and SUVs over cheaper cars. U.S. auto sales are falling as vehicle prices climb, indicating that buyers at the lower end are ge...
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