In the United States, the average selling price for a new light vehicle came to around 38,960 U.S. dollars in 2020. New light vehicles were about 5.4 percent more expensive in 2020 than in 2019.
What is the price of a new car in the U.S.?
New automobiles and light trucks were on average almost 17,000 U.S. dollars more expensive than used light vehicles: the average selling price for used vehicles amounted to about 22,000 U.S. dollars in 2020. In light of a growing price gap between new and used vehicles, it is likely that a growing number of U.S. households will choose a used vehicle over a new one.
New vehicle average selling price in the United States from 2016 to 2020
(in 1,000 U.S. dollars)
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National Automobile Dealers Association. (May 11, 2021). New vehicle average selling price in the United States from 2016 to 2020 (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved January 26, 2022, from https://www.statista.com/statistics/274927/new-vehicle-average-selling-price-in-the-united-states/
National Automobile Dealers Association. "New vehicle average selling price in the United States from 2016 to 2020 (in 1,000 U.S. dollars)." Chart. May 11, 2021. Statista. Accessed January 26, 2022. https://www.statista.com/statistics/274927/new-vehicle-average-selling-price-in-the-united-states/
National Automobile Dealers Association. (2021). New vehicle average selling price in the United States from 2016 to 2020 (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: January 26, 2022. https://www.statista.com/statistics/274927/new-vehicle-average-selling-price-in-the-united-states/
National Automobile Dealers Association. "New Vehicle Average Selling Price in The United States from 2016 to 2020 (in 1,000 U.S. Dollars)." Statista, Statista Inc., 11 May 2021, https://www.statista.com/statistics/274927/new-vehicle-average-selling-price-in-the-united-states/
National Automobile Dealers Association, New vehicle average selling price in the United States from 2016 to 2020 (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/274927/new-vehicle-average-selling-price-in-the-united-states/ (last visited January 26, 2022)
