KBB Announces Winners of 2023 Best Buy Awards
NASCAR Driver Toni Breidinger teams up with Kelley Blue Book to test top award winner.
NASCAR Driver Toni Breidinger teams up with Kelley Blue Book to test top award winner.
Figures based on latest Kelley Blue Book average transaction price data.
Highly successful Upside Direct weekend event sales have delivered significant value to sellers while giving buyers access to even more inventory to bid on and buy.
According to Kelley Blue Book, new-vehicle buyers remain in an “over sticker” market, paying above MSRP every month this year.
With low inventory and high demand, incentives dropped to a record low in June, averaging only 2.3% of the average transaction price.
High gas prices lead more shoppers to consider traditional sedans and hybrids in the first quarter of 2022, likely benefiting Toyota.
Luxury vehicle share rose to 17.4% of total sales in April, up from 16.7% of total sales in March, helping push overall average transaction prices up.
The team at Kelley Blue Book has assembled two broad reports from the first quarter: One is a look across industry-wide U.S. sales in Q1, the other a narrow review of electrified vehicle sales in the U.S., the combined sales of hybrids, plug-in hybrids and EVs.
With low inventory and high demand, incentives dropped to a record low in March, averaging only 3.2% of the average transaction price.
Kelley Blue Book has pulled out 10 interesting takeaways from last year’s market performance – a final look at 2021.
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In