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average transaction price

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August 2, 2018 - Industry News

KBB: Avg. Transaction Price in June Rises 3%

With cars expected to make up only 31% of July sales, the industry's average transaction price climbed by $985 from a year ago to $35,359.

Tags: average transaction price, Ford, Kelley Blue Book, Volkswagen

June 5, 2018 - Industry News

KBB: SUV/Pickup Demand Drive Up May's Avg. Transaction Price

May's average transaction price for light vehicles rose by a healthy 3%, even as new-vehicle demand is expected to falter in 2018, according to the vehicle information site.

Tags: average transaction price, Chevrolet, Ford, General Motors, Kelley Blue Book, Lincoln, pickups, SUV

May 1, 2018 - Industry News

April's Average Transaction Price Rises to $35,411

Less price-sensitive buyers splurged for the latest models in April, with the industry’s average transaction price rising 2% from a year ago despite rising fuel prices.

Tags: average transaction price, Kelley Blue Book, new-vehicle sales, Showroom

March 1, 2018 - Industry News

KBB: Average New-Car Prices Rise 2% in February

Transaction prices have remained unaffected so far this year by the expected slowdown in new-vehicle demand. Notable increases were recorded by American Honda, Toyota Motor Co., and Volkswagen.

Tags: average transaction price, Honda, Kelley Blue Book, Toyota, Volkswagen

December 4, 2017 - Industry News

KBB: Average Transaction Price Reaches Record High in November

New-vehicle transaction prices are being driven higher by the shifting sales mix away from cars. Ford’s strong mix of F-Series Super Duty sales for the month helped drive up the automaker’s average transaction price by nearly 3%.

Tags: average transaction price, Kelley Blue Book, new-vehicle sales

November 1, 2017 - Industry News

KBB: Flat Prices, Higher Incentive Spending Signals Headwinds for New-Car Market

Transaction prices continue to rise at a slower pace, with the third-quarter average up just 1% after averaging 3% gains in the first half of the year. And while KBB expects solid sales in October, flat transaction prices combined with ever-growing incentive spending signal headwinds for the new-vehicle market as the year nears its close.

Tags: average transaction price, Kelley Blue Book, new-vehicle sales

October 3, 2017 - Industry News

KBB: September’s Avg. New-Vehicle Price Up $144 From a Year Ago

New-car affordability continued to be a challenge for car buyers, with the average transaction price closing in on $35,000 in September.

Tags: Acura, average transaction price, Buick, Chevrolet, General Motors, Honda, Kelley Blue Book

July 6, 2017 - Industry News

Edmunds: Term Lengths Stretch to All-Time High in June

At a record 69.3 months, average new-vehicle finance terms have stretched 6.8% from five years ago. The average amount financed and average monthly payment also registered new highs.

Tags: average finance amount, average term, average transaction price, Monthly Payments

June 1, 2017 - Industry News

KBB: New-Vehicle Transaction Prices Rise Nearly 3% in May

Transaction prices continued to climb at a steady rate in May, driven by the weakening sales mix of cars, according to the vehicle information side.

Tags: average transaction price, Kelley Blue Book, new-vehicle sales

April 4, 2017 - Industry News

KBB: New-Car Prices Up 2% in March

Fiat Chrysler and Toyota showed the greatest year-over-year improvement as prices and incentives gained ground last month.

Tags: average transaction price, Fiat Chrysler, Kelley Blue Book, Toyota

March 1, 2017 - Industry News

KBB: Average Transaction Price for New Up $757 in February

With sales skewed toward utility vehicles, the average transaction price for light vehicles rose by $757, or 2.3%, from a year ago to $34,352 in February, the firm reported today.

Tags: average transaction price, Kelley Blue Book, new-vehicle sales

February 1, 2017 - Industry News

Average Transaction Price Rises in January

A sales mix in favor of utility vehicles drove up January’s average transaction price 3.3% from a year ago to $34,968. Among the greatest beneficiaries were the Detroit Three, with General Motors leading the way.

Tags: average transaction price, Kelley Blue Book, new-vehicle sales

December 1, 2016 - Industry News

KBB: New-Car Transaction Prices Rise Nearly 2% in November

The estimated average transaction price for light vehicles in November was $34,948, a 1.7% increase from a year ago, according to Kelley Blue Book. An analyst with the firm attributed the increase to a shift in consumer preference from cars to more expensive trucks and SUVs.

Tags: average transaction price, Fiat Chrysler, Hyundai, KBB, Kia, Nissan North America

October 3, 2016 - Industry News

KBB: Transaction Prices Rise Nearly 3% YOY in September

U.S. consumers paid, on average, $34,372 for a new light vehicle in September, up 2.5% from a year ago but down 0.2% from August, KBB reported this week.

Tags: 2016, average transaction price, KBB, September

August 2, 2016 - Industry News

Average Transaction Prices Rise in July, KBB Reports

The average transaction price in July was $34,264, a 2.5% increase from the year-ago period, according to Kelley Blue Book. The firm noted that transaction prices were up for all manufactures, with the exception of Nissan.

Tags: average transaction price, July Auto Sales, KBB

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