May 23, 2018

Incentive Spending Hits High for Year

By Staff Writer April 27, 2018

Incentive spending posted its largest increase of 2018 in April, according to J.D. Power and LMC Automotive.

Month-to-date average spending is $3,698, up $187 vs. the same period last year. The spending increase continues to be driven by trucks and SUVs - up $426 - while spending on cars is down $226.

Despite the higher incentives, days to turn, the average number of days a new vehicle sits on a dealer lot before being sold to a retail customer, is 68 through April 22, down two days from last year.

Last modified on Friday, 27 April 2018 12:18