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
Mercedes-Benz and Lexus showed the most price strength in the luxury market, transacting between 1.4% Luxury brands Audi, BMW, Infiniti, Lexus, Lincoln, and Volvo showed the least price strength, selling 1% or more below MSRP in January. Meanwhile, vans and minivans had the lowest incentives, with less than 1% of ATP.
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