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New Vehicle Prices

Vehicle Affordability a Growing Problem

Dealers report elevated prices, a lack of affordable vehicle models, and higher interest rates are pricing many consumers out of new cars.

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New Vehicle Prices Continue to Soar

Average vehicle transaction prices continue to soar, according to data released by Kelley Blue Book.

Used Vehicle Prices Drop as Other Costs Remain High

The most recent Consumer Price Index from the U.S. Bureau of Labor Statistics shows a slight but promising decline in used car prices.

New Vehicle Transaction Prices Edge Higher

J.D. Power and LMC Automotive report predicts average new vehicle transaction prices will hit a record $46,259 in August.

High Vehicle Prices Expected to Hold Their Grip on Auto Industry

Consumers seeking lower prices on dealership lots must wait until 2023, reported auto-industry leaders at the New York International Auto Show.

Experts Predict Soaring Vehicle Prices

The Ukraine invasion has ramped up the price of metals used in vehicles and OEMs likely will pass these costs on to consumers.

Used Car Prices Will Fall

Record high used car prices will deflate. The question is how fast the bubble will burst.

New and Used Car Prices Continue Upward Climb

The average price of a new car hit $45,000 in September and reached $25,000 for the average used car, according to Kelley Blue Book.

Volkswagen to Offer New Models at Lower Prices, Residuals May Suffer

Volkswagen will begin offering its new models for lower prices and provide dealers with a broader product range in a move that could lower residual values if incentives remain high, according to an industry expert.

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High New-Vehicle Prices Drive Auto Finance Industry to New Highs in Q1

The industry smashed several records in the first quarter thanks to high new-vehicle prices, but stretching terms and leasing weren’t the only ways consumers sought payment relief.

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