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

Green Car Congress

In fact, average MSRP has increased more than average ATP year over year, indicating automakers are still building a richer mix of expensive models and fewer value vehicles. Luxury brands Alfa Romeo, Audi, BMW, Infiniti, Lincoln, and Volvo showed the least price strength, selling 1% or more below MSRP in November.

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Consumer Reports Says EVs Less Reliable Than Traditional Automobiles

The Truth About Cars

Automakers have also been building them a lot longer than their plug-in counterparts and they tend to be based on models that have been around for a while. “It However, the brand’s experience in building all-electric powertrains doesn’t seem to have helped it in every respect. SUVs, crossovers, and minivans were next.