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Ever since President Trump announced auto tariffs 47 days ago, the cost of new cars has been steadily climbing.
https://www.automotive-fleet.com/10240657/tariffs-boost-new-vehicle-prices-in-april
The legendary automotive expert helped develop the remarketing industry's leading resource on valuing and pricing used vehicles for the retail market.
https://www.automotive-fleet.com/10222700/bob-kelley-publisher-of-kelley-blue-book-1927-2024
Sales incentives were up 136% year over year in November, indicating the new-vehicle market is shifting to a buyer’s market, not a seller’s market.
https://www.automotive-fleet.com/10212099/new-vehicle-prices-down-year-over-year-for-third-straight-month
Compared to the start of the year, transaction prices for new vehicles are down 1.7%, or $865, the largest January to June tumble in the past decade.
https://www.automotive-fleet.com/10202322/new-vehicle-prices-in-june-post-smallest-annual-gain-in-nearly-4-years
The average price for a new vehicle in March fell below sticker for the first time in 20 months, according to KBB.
https://www.automotive-fleet.com/10196888/transaction-prices-fall-below-msrp-finally
Average transaction prices are still $310 over average MSRP, though that’s down from the $900 above sticker for January 2022, according to Kelley Blue Book.
https://www.automotive-fleet.com/10192557/new-vehicle-prices-decline-off-record-highs
According to Kelley Blue Book, the growing electrified vehicle segment far outpaces the rest of the industry in Q3 2022, with record sales in the U.S. market.
https://www.automotive-fleet.com/10183649/electrified-vehicle-sales-hit-record
According to data from Kelley Blue Book, the average transaction price (ATP) for a new vehicle surpassed the $48,000 mark in June, the highest ATP on record.
https://www.automotive-fleet.com/10176849/new-vehicle-prices-set-record-in-june
This year, Ford and Toyota pickup trucks were awarded top honors in their respective categories.
https://www.automotive-fleet.com/10163409/kelley-blue-book-names-top-5-year-cost-to-own-pickup-trucks
For the first time in a decade, vehicle buyers were essentially paying sticker price (MSRP) for new vehicles.
https://www.automotive-fleet.com/10147696/average-new-vehicle-prices-hit-all-time-high