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KBB: Average new vehicle transaction price in US in December up 1.9% from November; EV ATP dropped 5.5% due to Tesla

Green Car Congress

JANUARY 12, 2023

Earlier in the year, Tesla was increasing prices, citing supply issues. Sales volumes in December were up year-over-year by more than 5% but down from November, due in part to improved supply. Luxury brands Audi, BMW, Infiniti, Lexus, Lincoln, and Volvo showed the least price strength, selling 1% or more below MSRP in December.

Price

Price Vehicles Land Rover Tesla

Kelley Blue Book finds average EV price in US down 5.4% in January due to Tesla price cuts

Green Car Congress

FEBRUARY 14, 2023

Sales volumes last month were up year over year by more than 6% but down from December, thanks in part to improved supply and added fleet sales. High loan rates and continued inflationary pressures appear to be hurting the lower part of the market, so automakers are more focused on luxury and higher-end models. in December.

Price

Price Lexus Tesla Sale

EV Driven

KBB: Average new vehicle transaction price in US in December up 1.9% from November; EV ATP dropped 5.5% due to Tesla

Kelley Blue Book finds average EV price in US down 5.4% in January due to Tesla price cuts

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