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New Car Prices Decline

New Car Prices Decline Featured

The estimated average transaction price for light vehicles in the United States was $34,968 in January, according to Kelley Blue Book.

New-car prices have increased by $1,123 (up 3.3 percent) from January 2016, while falling $453 (down 1.3 percent) from December.

The Detroit manufacturers continue to perform well with some of the greatest year-over-year increases. In particular, General Motors climbed 4 percent in January, as all of its brands reported increases in transaction prices. 

Nissan North America also continues to make average transaction price gains, up 5 percent for January.

Last modified on Wednesday, 01 February 2017 18:17

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