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Kelly Blue Book Report Shows Increase in Average Transaction Price

A new report by Kelly Blue Book shows a year-over-year increase in the average transaction price for passenger vehicles, with prices up 1.8 percent from 2017.

According to the report, the average transaction price increased $643 from a year ago, reaching a $35,541 for August 2018.  Prices stayed relatively level from month to month, with only a .1 increase from May.  Honda vehicles led the way with a four percent year over year  price increase and Nissan was the only major automaker to see the average price drop.

Related: Learn more about PetroChoice’s products and services for automotive professionals

While most vehicle segments saw a small increase in average transaction price, subcompact SUVs and crossovers saw a small decrease, with prices dropping .6 percent.

Posted on September 5, 2018 at 11:51 am

Categories: News


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