The average transaction price for a new car, truck or SUV in May dropped slightly from April. The ATP dropped in the first three months of 2024, before jumping 2.2% in April. However, incentives are on the rise, which is driving what buyers are paying down. Get the details at Headlight.News.
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.
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.