November 1, 2017 - Industry News
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
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
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
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.
April 4, 2017 - Industry News
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
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.
February 1, 2017 - Industry News
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.
December 1, 2016 - Industry News
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
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
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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