New-Vehicle Sales Incentives Climb Higher in July, According to …

Aug 13, 2024 · According to Kelley Blue Book, new-vehicle ATPs were lower in July by 3.1% from the peak in December 2022 at $49,929. Healthy inventory levels – 2.91 million vehicles at the start of July, higher by 52% year over year, according to Cox Automotive's vAuto Live Market …

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New-Vehicle Sales Incentives Climb Higher In July, According To …

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New-Vehicle Sales Incentives Climb Higher In July, According To …

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Aug 13, 2024 · Incentives are now higher by 59.1% compared to one year ago, when the average incentive package was 4.4% of ATP in July 2023. New-vehicle incentives in July were at the …

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New-Vehicle Sales Incentives Climb Higher In July, According To …

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Aug 13, 2024 · Average new-vehicle incentives in July reached 7.0% of the transaction price, the highest level in more than three years and nearly 60% above levels recorded one year …

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New Vehicle Prices Rise Slightly In October, But So Do Incentives

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1 day ago · The average transaction price (ATP) paid for a new vehicle in the U.S. in October was $48,623, higher than the revised September price of $48,423 and 1.7% higher from year …

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Kelley Blue Book Report: New-Vehicle Incentives Climb Higher In …

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3 days ago · New-vehicle sales incentives climbed higher in October, jumping from a revised 7.2% of the ATP in September to 7.7% in October, an increase of more than 6% month over …

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Electric Vehicle Sales Mark Another Record In Q3, Thanks To …

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Oct 11, 2024 · According to new estimates from Kelley Blue Book, electric vehicle (EV) sales in the U.S. grew by 11% year over year in the third quarter and reached record highs for both …

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Trump Killing The EV Tax Credit Would Hurt Tesla But Be ... - Fortune

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4 hours ago · Wedbush analysts, led by stalwart Tesla bull Dan Ives, said Trump cutting the $7,500 consumer tax credit for EVs would not be surprising, and that it would take a bigger toll …

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New-Vehicle Sales Incentives Climb Higher In July, According To …

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Aug 14, 2024 · In July, according to data released today by Kelley Blue Book, the average transaction price (ATP) for a new vehicle in the U.S. was $48,401.New-vehicle prices in July …

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Best Toyota Deals & Incentives In November 2024 | U.S. News

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The Best Truck Lease Deals In August 2022. Best Luxury Car and SUV Leases Under $400 in December 2021. Best Sports Car Deals in August 2022

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Kelley Blue Book Report: New-Vehicle Incentives Climb Higher In …

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2 days ago · Kelley Blue Book logo. New-vehicle sales incentives climbed higher in October, jumping from a revised 7.2% of the ATP in September to 7.7% in October, an increase of more …

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New-Vehicle Sales Incentives Climb Higher In July, According To …

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Average new-vehicle incentives in July reached 7.0% of the transaction price, the highest level in more than three years and nearly 60% above levels recorded one year...

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FAQs about New-Vehicle Sales Incentives Climb Higher in July, According to … Coupon?

What was the average new-vehicle incentive in July?

Average new-vehicle incentives in July reached 7.0% of the transaction price, the highest level in more than three years and nearly 60% above levels recorded one year ago. The average transaction price (ATP) of a new vehicle in July was $48,401, down 0.2% from one year ago. ...

How have new-vehicle sales incentives changed in October?

New-vehicle sales incentives climbed higher in October, jumping from a revised 7.2% of the ATP in September to 7.7% in October, an increase of more than 6% month over month. Compared to one year ago, new-vehicle incentives have increased more than 60% as automakers compete for sales. ...

What was the average transaction price of a new vehicle in July?

The average transaction price (ATP) of a new vehicle in July was $48,401, down 0.2% from one year ago. Transaction prices have now been lower year over year for 10 straight months. Electric vehicle prices in July were higher than in June but lower year over year by 1.5%. ...

What was the average EV incentive package in July?

The average incentive package offered with a new EV in July was over 12% of the transaction price, the highest level in more than three years and roughly twice the level seen in July 2023 when typical incentive packages were equal to 6.0% of ATP. EV incentives in July were 73% higher than the industry average. ...

Which car brands have the highest incentive spend in July?

New-vehicle incentives in July were at the highest point in more than three years. Nearly every major brand – except for Ram – had higher incentive levels year over year in July, with the highest incentive spend among volume automakers at Infiniti, Volkswagen, Audi and Nissan. ...

How much does a new car cost in July?

In July, according to data released today by Kelley Blue Book, the average transaction price (ATP) for a new vehicle in the U.S. was $48,401. New-vehicle prices in July were mostly unchanged from the revised-lower June ATP of $48,424 (lower by $23) and last year ($106). ...