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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

According to data released by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. November prices rose 0.9% ($422) month over month from October 2022 and were up 4.4% ($2,250) from year-earlier levels. in October.

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Consumer Reports Lists Least/Most Expensive Car Brands to Maintain

The Truth About Cars

With the average vehicle now older than ever before and fewer people capable of spending the kind of money required to purchase a brand-new automobile, maintenance has become even more relevant. Infiniti was the lowest, averaging $8,500 over 10 years. But that was nothing when we took time to examine Porsche and Land Rover.