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New vehicle average selling price in the U.S. 2016 -2018

New vehicle average selling price in the United States from 2016 to 2018 (in 1,000 U.S. dollars)

by I. Wagner, last edited Aug 9, 2019
New vehicle average selling price in the U.S. 2016 -2018 In the United States, the average selling price for a new light vehicle came to just under 35,250 U.S. dollars in 2018. New light vehicles were about 2.7 percent more expensive in 2018 than they were in 2017. The price increase was mainly driven by a shift away from small and medium-sized cars and towards bigger alternatives such as pickups and sport utility vehicles (SUVs), although the introduction and widespread demand of Tesla’s Model 3 may have been a contributing factor as well.
What is the price of a new car in the U.S.?  

   At 35,250 U.S. dollars, new automobiles and light trucks were on average almost 15,000 U.S. dollars more expensive than used light vehicles: the average selling price for used cars and light trucks amounted to about 20,390 U.S. dollars in 2018. In light of a growing price gap between new and used vehicles, it is very likely that a growing number of U.S. households will choose a used vehicle over a new one. As a matter of fact, Americans happened to buy more than 40 million used vehicles in 2018. That said, there is a wide variety of new subcompact crossovers as well as compact and midsized cars that are priced between 20,000 and 25,000 U.S. dollars.
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New vehicle average selling price in the United States from 2016 to 2018 (in 1,000 U.S. dollars)

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