Transaction Prices Up, Incentives Down, TrueCar Reports
The average transaction price for light vehicles in March jumped $1,977 from a year ago, while the average incentive was down 1.8 percent.
The average transaction price for light vehicles in March jumped $1,977 from a year ago, while the average incentive was down 1.8 percent.
The March 2011 Japanese disaster resulted in a nearly 6 percent jump in new-vehicle pricing for vehicles like the Honda Fit, according to ALG, a subsidiary of TrueCar Inc.
A white paper issued by Pike Research revealed that many potential buyers will hold off on purchases of electric vehicles during 2012 due to the premium pricing of the vehicles.
When trying to sell value, pricing can get in the way. UDS’s Gerry Gould, however, believes that having product pricing on the menu can help drive a sale.
TrueCar rolled out its list of 2011 vehicle models with the highest and lowest Price Flex Scores.
Despite continued weakness in the economy and concerns over the debt ceiling, consumers continued to purchase vehicles packed with options in July, according to TrueCar.com.
Before you think about selling or expanding your operation, check out this buy-sell primer for avoiding four possible landmines on the road to a sale.
TrueCar.com estimated today that the average transaction price for light vehicles in the United States was $29,358 in December 2010, down $276 (0.9 percent) from December 2009 and down $95 (0.3 percent) from November 2010.
TrueCar.com estimated that the average transaction price for light vehicles in the United States was $29,136 in November, down $735 (2.5 percent) from November 2009 and down $435 (1.6 percent) from October 2010.
An influx of new, independent dealerships could help used-car sales reach four million units in 2009, according to CNW Research.
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