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

Green Car Congress

The average transaction price (ATP) of a new vehicle in the US declined slightly in January 2023 to $49,388, a decrease of 0.6% ($310) from December’s record high and up 5.9% ($2,768) from levels one year earlier. The average price paid for a new EV decreased in January by $3,363 (down 5.4%) compared to December. year over year.

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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.

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Carvana trends report: Used EVs narrow price gap with ICE cars, triggering sales growth potential

Baua Electric

According to the data gathered, Carvana saw that its used EV sales mix achieved new highs while the price margin compared to traditional combustion vehicles narrowed. The EV trends report combines Carvana’s EV sales data by state plus other metrics from Kelly Blue Book and MarketCheck. of its total.

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Tesla made up more than half of U.S. EV sales with only two models

Teslarati

Tesla made up more than half of the total electric vehicle sales in the United States with only two of its models, according to new figures from Kelley Blue Book. Tesla has marketed the Model 3 and Model Y as the best and most affordable EVs available in the space over the past several years. This is 51.7

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Report: Vehicle Supplies Are Climbing Back Up

The Truth About Cars

Vehicle pricing also dropped slightly, though presumably not enough to send anyone running out the door to buy a new automobile due to how outrageously high they’ve been over the last several years. From Cox Automotive: The average new-vehicle listing price opened February at $47,142, down 1 [percent] from a year ago.

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Tesla Model 3 named as one of the winners in KBB’s 5-Year Cost to Own Awards for 2022

Teslarati

The Tesla Model 3 was recently deemed by Kelley Blue Book as one of the winners in its 5-Year Cost to Own Awards for 2022. This includes the vehicle’s price, maintenance costs, fuel or charging rates, any state tax, and registration fees, as well as a car’s depreciation over a 5-year ownership period, among others.

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Hyundai and Kia surge past Ford, GM to take second in US EV sales in 2023

Baua Electric

Hyundai and Kia take second in US EV sales According to Kelley Blue Book estimates, a record 1.2 Although Tesla’s share will inevitably fall as new models are introduced, price cuts helped bounce back from an all-time low in Q3. of the total US market with over 650,000 deliveries, topping Volkswagen, Subaru, and BMW for the first time.

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