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The average transaction price on new vehicles in December 2023 was $48,759 — an increase of 1.3% month-over-month but down 2.4% year-over-year, according to data from Kelley Blue Book, a Cox ...
Here are Kelley Blue Book’s (KBB’s) Best Buy Awards of 2024 for cars, SUVs, trucks and electric vehicles (EVs): Cars Best New Model: 2024 Toyota Prius (starting MSRP: $27,650)
In October 2024, the average transaction price for a new compact SUV was $36,739, according to Kelley Blue Book. This is nearly 30% less than the industry average. This is nearly 30% less than the ...
The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. [16] For both new and used automobiles, Kelley Blue Book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change.
Established in 1898, the Empire State Motor Wagon Company in Catskill, New York was one of the first American used car lots. [3]The used vehicle market is substantially larger than other large retail sectors, such as the school and office products market (US$206 billion in estimated annual sales) and the home improvement market (US$291 billion in estimated annual sales).
Black Book collects data from wholesale auctions it attends in person or online, applies adjustments and compares them against dealer advertised prices. Access is restricted because it requires subscriptions, but public access to its price search features are accessible through third party sites such as Newcars.com. [4] Assessing car value is dependent on several factors including make, model ...
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