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
Sales volumes in December were up year-over-year by more than 5% but down from November, due in part to improved supply. Plus, with the new tax credits on the way, electric vehicle ATPs will drop lower for qualifying vehicles. Meanwhile, vans, minivans and full-size SUVs had the lowest incentives, all less than 1% of ATP.
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