New-Car Transaction Prices Up Less Than 1 Percent In November

According to the latest research, the estimated average transaction price (ATP) for light vehicles in the United States was $33,801 in November 2015.

New-car prices have increased by $231 (up 0.7 percent) from November 2014, while climbing $144 (up 0.4 percent) from last month. “While average transaction prices are up again in November, the rate of growth was modest at less than 1 percent, which stands in contrast to the 2 to 3 percent increases seen so far this year,” said Karl Brauer, senior analyst for Kelley Blue Book.

“Trucks and SUVs remain the primary drivers behind this strength in transaction prices,” he added. “In fact, the new 2016 Volvo XC90 is a standout, even in the SUV segment, with an average transaction price up nearly 40 percent from this time last year.”

Category: Featured, General Update