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New Vehicle Prices

New Vehicle Supply Slumps to Record Low

Market watchers had been expecting this slowdown to come earlier in the summer, but deals could still be made. Now there just isn’t enough product available.

New Vehicle Prices Grew 3% in 2018

The average transaction price for a new vehicle in the U.S. was $37,577 in December 2018, a 1.3% increase from the same time in 2017.

New Vehicle Prices Up 2% in June: KBB

Although new-vehicle sales are expected to contract in the coming months, the average price for those vehicles is expected to rise, thanks in part to the continued shift in demand toward larger vehicles.

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