New Car Prices Rise Featured
03 January 2018
The analysts at Kelley Blue Book report the estimated average transaction price (ATP) for light vehicles in the United States was $36,113 in December. New-car prices have increased by $583 (up 1.6 percent) from December 2016, while climbing $66 (up 0.2 percent) from last month. Transaction prices for all of 2017 also finished 2 percent higher than last year, slightly slower growth than 2015 and 2016, which was at 2.5 percent.Incentive spending averaged 10.4 percent of MSRP in 2017. This figure held relatively flat over the final quarter of the year.