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More than one out of five new vehicles sell for more than $60,000, according to Edmunds. That's up 7% compared to prepandemic 2019.
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ATPs, asking prices stay elevated as affordable model sales languish and pricey ones flourish
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Pandemic-induced ATPs receding as inventories, incentives ascend.
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Average vehicle transaction prices continue to soar, according to data released by Kelley Blue Book.
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The most recent Consumer Price Index from the U.S. Bureau of Labor Statistics shows a slight but promising decline in used car prices.
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September new light-vehicle sales fell for the 5th consecutive month to a SAAR of 1.2 million units, reported the National Automobile Dealers Association (NADA).
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