Wednesday, September 4, 2013

Average price of new car hits record

English: Two clean vehicle versions of the Hon...
The average transaction price for a new vehicle set a record of $31,252 in August, according to, up 3.2% from a year ago.

The new high is up 0.5%, or $164, from July, the auto data research and shopping site reports.

The record was powered by five car companies that each had record prices in the month: Chrysler, Ford, Honda, Nissan and Volkswagen.

TrueCar's transaction price is meant to include everything – price of the vehicle, discounts, add-ons, taxes and license fees – all the amounts that total to the out-the-door price. Read more >>
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