Tag: Kelly Blue Book
New vehicle prices drop again as incentives surge amid high inventory
According to Kelley Blue Book, the average transaction price (ATP) for a new vehicle in the U.S. fell for the 11th consecutive month, driven...
New vehicle prices dropped for 10th straight month in July as...
New vehicle prices in the U.S. continued their downward trend in July, marking the 10th consecutive month of year-over-year declines. According to Kelley Blue...
The best and worst cars to lease in the second half...
These recommendations are based on current offers on 2024 models and factors like monthly payments, down payments, and overall value.
Best Cars to Lease
Hyundai Elantra
$179/month...
U.S. July new vehicle sales forecast shows recovery post-software outage
The latest forecast from Cox Automotive suggests a notable bounce-back in U.S. new-vehicle sales for July, following a widespread software outage that affected sales...
Vanessa Ton discusses the barriers and opportunities for EV adoption by...
According to Kelley Blue Book, EV sales in the U.S. market surpassed 1 million units for the first time in 2023, but not everyone...
High interest rates undermine new auto incentives for car shoppers
Incentives are re-emerging in the auto market, but high interest rates are diminishing their appeal to car shoppers. According to Edmunds, the average annual...
Honda dominates KBB’s 2024 Consumer Choice Awards amid post-pandemic market shifts
The car-buying market has struggled for several years due to pandemic-related production issues. However, manufacturers are expected to balance the supply and increase the...
New vehicle transaction prices drop, luxury brands offer significant discounts
According to an analysis by Kelley Blue Book, a subsidiary of Cox Automotive, the average transaction price (ATP) for new vehicles in the United...
KBB reports new vehicle ATP trends decline as incentives rise
A new report from Kelly Blue Book reveals that new vehicle transaction prices decreased by 1.4% in February, while incentives rose 3% month-over-month.
The average...
Auto dealers shift gears to drive profit in the service department...
Dealers are looking for new ways to increase sales at the store level and in the service department. Juan Flores, Senior Director of Product...