Average New-Vehicle Prices Continue to Surpass $40K

The valuation analysts at Kelley Blue Book today reported the estimated average transaction price for a light vehicle in the United States was $40,857 in January 2021. New-vehicle prices increased $2,110 (up 5.45%) from January 2020, while falling $295 (down 0.72%) from last month. “January 2021 prices are coming off a historical fourth quarter, with average transaction prices reaching more than $40,000 for the first time at the […]

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