
The discontinuation of the Dart sedan helped average prices for a new Dodge rise 8% in January, according to the latest figures from Kelley Blue Book. Photo courtesy Fiat Chrysler Automobiles
IRVINE, Calif. — The analysts at Kelley Blue Book reported the estimated average transaction price (ATP) for light vehicles in the United States was $36,270 in January 2018. New-car prices have increased by $1,360 (up 3.9%) from January 2017, while dropping $486 (down 1.3%) from last month.
“January was a strong month for transaction prices, rising nearly 4% on average. The shifting sales mix to trucks and SUVs has been particularly extreme lately, and as volume shifts away from cars, the average vehicle price ticks up,” said KBB analyst Tim Fleming. “However, there was a glimmer of hope in the midsize car segment, where prices rose 3% in January, thanks to the newest generations of the Toyota Camry and Honda Accord. These well-received new models, along with the redesign of the Nissan Altima due later this year, will test how much demand still exists for sedans.”












