Kelley: Transaction Prices Rise Featured

By Staff Writer April 03, 2018

The analysts at Kelley Blue Book reported the estimated average transaction price for light vehicles in the U.S. was $35,285 in March, an increase of $703 (2 percent) from year-ago March prices. The average price was down $23 from last month.

“Most automaker transaction prices increased in March 2018 as the industry average rose 2 percent,” said Tim Fleming, analyst for Kelley Blue Book. “Average transaction price growth was headlined by SUVs, particularly in the mid-size and full-size segments. Although fuel prices were up last month, SUV sales remain strong and new models like the Chevrolet Traverse and Lincoln Navigator helped elevate their respective segments.”

Last modified on Tuesday, 03 April 2018 22:57

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