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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

—Rebecca Rydzewski, research manager of economic and industry insights for Cox Automotive. Luxury cars at all levels were selling below MSRP in December, along with luxury compact and sub-compact SUVs. Meanwhile, vans, minivans and full-size SUVs had the lowest incentives, all less than 1% of ATP.

Price 210
Price Vehicles Land Rover Tesla 210
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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

DECEMBER 13, 2022

—Rebecca Rydzewski, research manager of economic and industry insights for Cox Automotive. Luxury brands Alfa Romeo, Audi, BMW, Infiniti, Lincoln, and Volvo showed the least price strength, selling 1% or more below MSRP in November. Strong luxury vehicle sales have been a primary reason for overall elevated new-vehicle prices.

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Price Vehicles Dealers Land Rover 210
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