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Automotive Industry:United States: Difference between revisions
Automotive Industry:United States (view source)
Revision as of 16:00, 20 October 2023
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* The average transaction price of a new vehicle in September was $47,899, down $360 from one year ago (0.7%). Prices decreased by $227 (0.5%) from August’s downwardly revised ATP of $48,126. <ref>https://www.coxautoinc.com/market-insights/kbb-atp-september-2023/</ref> | |||
* The average price Americans paid for a new vehicle in September 2023 was down 3.4% from the start of the year, as higher inventory levels and increased incentives continued to put downward pressure on pricing. | |||
* Incentives averaged $2,368 in September, the highest point in the last 24 months and at 4.9% of ATP. | |||
== Inventory == | == Inventory == | ||