IRVINE, Calif., Aug. 3, 2015 /PRNewswire/ -- The analysts at
Kelley Blue Book www.kbb.com, the only vehicle valuation and
information source trusted and relied upon by both consumers and
the automotive industry, today report the estimated average
transaction price (ATP) for light vehicles in the United States was $33,453 in July 2015. New-car prices have
increased by $856 (up 2.6 percent)
from July 2014, while remaining flat
from last month.
"Transaction prices continue to climb across the industry, with
some notable gains from small and medium volume brands like Fiat,
Kia, Mazda and Subaru," said Karl
Brauer, senior analyst for Kelley Blue Book. "However,
Nissan reports the largest average transaction price increase among
the large manufacturers with prices up nearly 6 percent, driven
primarily by its Maxima, Murano, Rogue and Sentra models."
Manufacturer
|
July 2015
Transaction
Price
(Avg.)*
|
June 2015
Transaction
Price
(Avg.)*
|
July 2014
Transaction
Price
(Avg.)*
|
Percent
Change
June
2015 to
July
2015*
|
Percent
Change
July 2014 to
July 2015*
|
American Honda
(Acura, Honda)
|
$27,574
|
$27,508
|
$26,825
|
0.2%
|
2.8%
|
Fiat Chrysler (Alfa
Romeo, Chrysler, Dodge, Fiat, Jeep, RAM)
|
$34,237
|
$34,021
|
$33,447
|
0.6%
|
2.4%
|
Ford Motor Company
(Ford, Lincoln)
|
$35,776
|
$35,550
|
$34,741
|
0.6%
|
3.0%
|
General Motors
(Buick, Cadillac, Chevrolet, GMC)
|
$37,428
|
$37,130
|
$37,499
|
0.8%
|
-0.2%
|
Hyundai-Kia
|
$25,067
|
$25,049
|
$24,083
|
0.1%
|
4.1%
|
Nissan North America
(Nissan, Infiniti)
|
$28,275
|
$28,487
|
$26,811
|
-0.7%
|
5.5%
|
Toyota Motor Company
(Lexus, Scion, Toyota)
|
$30,453
|
$30,572
|
$30,064
|
-0.4%
|
1.3%
|
Volkswagen
Group (Audi, Volkswagen, Porsche)
|
$39,526
|
$39,955
|
$38,869
|
-1.1%
|
1.7%
|
Industry
|
$33,453
|
$33,460
|
$32,597
|
0.0%
|
2.6%
|
*Kelley Blue Book
Average Transaction Prices do not include applied consumer
incentives
|
Hyundai-Kia continues to see transaction price growth,
especially as the market embraces Kia's all-new 2015 Sedona
minivan, which is up nearly 20 percent from last year. In the
same minivan segment, pricing for Dodge Grand Caravan, the new RAM
ProMaster and Toyota Sienna has helped increase the category by 8.5
percent in July, the largest gain of any segment.
"Full-size trucks continue to have another big month, growing
nearly 5 percent and achieving a $45,735 average transaction price," said
Brauer. "The volume and profit these vehicles are delivering
can't be overstated, and both figures could go even higher when
Ford fully leverages the new F-150's production capacity in the
coming months."
Segment
|
July 2015
Transaction
Price
(Avg.)*
|
June 2015
Transaction
Price
(Avg.)*
|
July 2014
Transaction
Price
(Avg.)*
|
Percent
Change
June
2015 to
July
2015*
|
Percent
Change
July 2014 to
July 2015*
|
Compact
Car
|
$20,617
|
$20,628
|
$20,306
|
-0.1%
|
1.5%
|
Compact
SUV/Crossover
|
$27,270
|
$27,218
|
$26,685
|
0.2%
|
2.2%
|
Electric
Vehicle
|
$34,430
|
$34,131
|
$35,217
|
0.9%
|
-2.2%
|
Entry-level Luxury
Car
|
$40,804
|
$41,193
|
$40,284
|
-0.9%
|
1.3%
|
Full-size
Car
|
$34,493
|
$34,336
|
$33,531
|
0.5%
|
2.9%
|
Full-size Pickup
Truck
|
$45,735
|
$45,660
|
$43,636
|
0.2%
|
4.8%
|
Full-Size
SUV/Crossover
|
$46,410
|
$45,683
|
$46,347
|
1.6%
|
0.1%
|
High Performance
Car
|
$91,904
|
$91,937
|
$88,546
|
0.0%
|
3.8%
|
High-end Luxury
Car
|
$90,537
|
$90,552
|
$92,960
|
0.0%
|
-2.6%
|
Hybrid/Alternative
Energy Car
|
$25,503
|
$25,496
|
$25,923
|
0.0%
|
-1.6%
|
Luxury Car
|
$56,443
|
$56,066
|
$56,223
|
0.7%
|
0.4%
|
Luxury Compact
SUV/Crossover
|
$42,201
|
$42,005
|
$42,105
|
0.5%
|
0.2%
|
Luxury Full-size
SUV/Crossover
|
$68,446
|
$68,269
|
$67,002
|
0.3%
|
2.2%
|
Luxury Mid-size
SUV/Crossover
|
$56,671
|
$57,518
|
$54,254
|
-1.5%
|
4.5%
|
Mid-size
Car
|
$25,328
|
$25,500
|
$24,810
|
-0.7%
|
2.1%
|
Mid-size Pickup
Truck
|
$29,477
|
$29,352
|
$28,462
|
0.4%
|
3.6%
|
Mid-size
SUV/Crossover
|
$34,053
|
$34,044
|
$32,815
|
0.0%
|
3.8%
|
Minivan/Van
|
$33,732
|
$33,234
|
$31,088
|
1.5%
|
8.5%
|
Sports Car
|
$30,941
|
$30,880
|
$30,784
|
0.2%
|
0.5%
|
Subcompact
Car
|
$17,957
|
$18,169
|
$17,222
|
-1.2%
|
4.3%
|
Industry
|
$33,453
|
$33,460
|
$32,597
|
0.0%
|
2.6%
|
*Kelley Blue Book
Average Transaction Prices do not include applied consumer
incentives
|
To discuss this topic, or any other automotive-related
information, with a Kelley Blue Book analyst on-camera via the
company's on-site studio, please contact a member of the Public
Relations team to book an interview.
For more information and news from Kelley Blue Book's KBB.com,
visit www.kbb.com/media/, follow us on Twitter at
www.twitter.com/kelleybluebook (or @kelleybluebook), like our page
on Facebook at www.facebook.com/kbb, and get updates on Google+ at
https://plus.google.com/+kbb.
About Kelley Blue Book (www.kbb.com)
Founded in 1926, Kelley Blue Book, The Trusted Resource®, is
the only vehicle valuation and information source trusted and
relied upon by both consumers and the automotive industry.
Each week the company provides the most market-reflective values in
the industry on its top-rated website KBB.com, including its famous
Blue Book® Trade-In Values and Fair Purchase Price, which reports
what others are paying for new and used cars this week. The
company also provides vehicle pricing and values through various
products and services available to car dealers, auto manufacturers,
finance and insurance companies, and governmental agencies.
Kelley Blue Book's KBB.com ranked highest in its category for brand
equity by the 2014 Harris Poll EquiTrend® study and has
been named Online Auto Shopping Brand of the Year for four
consecutive years. Kelley Blue Book Co., Inc. is a Cox
Automotive company.
Logo -
http://photos.prnewswire.com/prnh/20121108/LA08161LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/new-car-transaction-prices-continue-to-climb-up-nearly-3-percent-in-july-2015-according-to-kelley-blue-book-300122167.html
SOURCE Kelley Blue Book