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New car prices have been falling for most of 2023, with the average new car selling for $47,936 in October, Kelley Blue Book reported. Overall, new car prices are down 1.4% since October 2022 and ...
Unfortunately, while used car prices are starting to go down, the price of a new car is still going up. In December 2022, the average new car sold for a record-high $49,507. For some perspective ...
The U.S. new-vehicle average transaction price in November was $48,247, an increase of about 1% from October, but down by 1.5% compared with November 2022, according to Kelley Blue Book (KBB ...
Although prices might not be much lower coming into the new year, it is still important to note that potential stability is a positive sign. Slow Changes Happening in 2024
An August report from Kelley Blue Book found that new EV prices dropped about 19% from June of last year. Average new car transactions are still pretty flat, but that could change soon. “We can ...
In 2013, a new Honda Accord cost $23,270. In 2023, a new Honda Accord cost $27,295, per Rerev (or $28,390 according to Car and Driver). Based on Rerev’s pricing, this vehicle is 11% cheaper than ...
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