Average new-vehicle prices on pace to reach $36K, data shows
Jan 03, 2020 09:00 am | Nicole Casperson
The average transaction price (ATP) for new vehicles is forecast to increase 2.4% year over year, reaching $35,932 as of December 2019, according to ALG data. New-vehicle ATP’s increased every month last year, largely due to consumers opting for higher-priced vehicle segments such as trucks and SUVs, said ALG’s Chief Economist Oliver Strauss. Hyundai and […]
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