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
Plus, with the new tax credits on the way, electric vehicle ATPs will drop lower for qualifying vehicles. Honda and Kia showed the most price strength in the non-luxury market, transacting between 5% and 6% over sticker price in December. Incentives overall are still very low but trending upwards. —Rebecca Rydzewski.
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