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New-Vehicle Prices Up Nearly 3% Year-Over-Year in March 2020, Despite COVID-19 Impact on the Economy

Prices Supported by Finance and Payment Deferral Incentives from Automakers and Captive Finance Companies The valuation analysts at Kelley Blue Book reported the estimated average transaction price for a light vehicle in the United States was $37,736 in March 2020. New-vehicle prices increased $972 (up 2.6%) from March 2019, while dropped $38 (down 0.1%) from last month. “While the automotive industry and broader U.S. economy were brought […]

The post New-Vehicle Prices Up Nearly 3% Year-Over-Year in March 2020, Despite COVID-19 Impact on the Economy appeared first on Fleet News Daily.



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