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Tag Archives: transaction prices
U.S. New Car Transaction Prices Continue Slow Rise
The average transaction price for new light vehicles in the United States was $31,657 in August 2013, an increase of $221 or +0.7% year-over-year. Continue reading
Posted in financial results
Tagged autoinformed, autoinformed.com, Ken Zino, transaction prices
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U.S. Auto Sales Shift to Efficient and Less Profitable Cars
One potentially negative result because of the downsizing and easier credit trends is declining profits at automakers. The shift to smaller vehicles—in addition to the increase in financially less-qualified new–vehicle buyers, who tend to be younger and with less money to spend—means the average transaction price for new vehicles has dropped substantially in the recent quarter. Continue reading
