Average New Vehicle Price Hits All-Time High in 2016 Driven by Light Trucks
The average new vehicle transaction price will hit an all-time high in 2016 at $34,077 per vehicle, a 2.7 percent increase from 2015 and a 12.6 percent increase from 2011, according to a new report from car info and shopping network, Edmunds. The group attributes this rise in prices primarily to the recent sales growth in light […]
