New Vehicle Prices Rise

By Staff Writer July 05, 2018

The estimated average transaction price for light vehicles was $35,511 in June, according to Kelley Blue Book.

New-vehicle prices increased by $736 (up 2.1 percent) from June 2017, while rising $118 (up 0.3 percent) from May. 

Robust demand for SUVs and trucks drove much of the increase.

The mix of light trucks is estimated to be at 69 percent, up from 64 percent one year ago. June was particularly strong for pickup trucks, as full-size truck prices rose 5 percent on new models and richer trim mixes.

Last modified on Thursday, 05 July 2018 15:28

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