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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 new EV sold for $58,725, according to Kelley Blue Book estimates, and is still well above the industry average. The most affordable vehicles—compact cars, compact SUVs and subcompact cars— had incentives between 3% to 4%, which is above industry average. month over month and down 5.5% year over year.

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

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—Rebecca Rydzewski, research manager of economic and industry insights for Cox Automotive. The high share of luxury sales helps to push the overall industry ATP higher. Luxury brands Alfa Romeo, Audi, BMW, Infiniti, Lincoln, and Volvo showed the least price strength, selling 1% or more below MSRP in November. in October.

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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

The average new EV sold for $61,448, according to Kelley Blue Book estimates, still well above the industry average. —Rebecca Rydzewski, research manager of economic and industry insights for Cox Automotive. The high share of luxury sales helps to push the overall industry ATP higher. of total sales in December from 18.2%

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