Everything seemingly costs more these days; however, consumers looking to buy a new vehicle saw the final amount they paid for a new car, truck or utility vehicle fall by 2.4% for the year. The year-over-year drop in prices came despite an uptick of 1.3% in the year’s...
average transaction price drops
New Vehicle Prices Dropped in November Compared to Year Ago
Consumers actually paid more for a new vehicle in November than October, but compared to last November prices fell 1.5%. It was the third straight month prices dropped when compared to year-ago numbers. Find out why at Headlight.News.
After Setting Records, New Vehicle Prices May Finally Settle Back
If you’ve been in the market for a new vehicle recently you’re well aware of how prices have skyrocketed, average transaction prices — what shoppers actually paid before driving off the dealer lot — reaching an all-time high of more $48,500 last December. But have prices finally started settling back? Might consumers finally find some bargains? Headlight.News parses the numbers.