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
Plus, with the new tax credits on the way, electric vehicle ATPs will drop lower for qualifying vehicles. Five years prior, in December 2018, luxury market share set a record at 16.5%. Luxury brands Audi, BMW, Infiniti, Lexus, Lincoln, and Volvo showed the least price strength, selling 1% or more below MSRP in December.
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