![]() ![]() In December 2018, the percentage of cars compared to other vehicles being sold was 30 percent, while in 2021, it came down to 22.7 percent. "The result was another record in overall average transaction prices, completely driven in December by the increase in luxury vehicle sales." This value will likely be less than the Private Party Value because the reselling dealer incurs the cost of safety. "December typically is the best month for luxury vehicle sales, and 2021 followed that trend in a big way," Kayla Reynolds, analyst for Cox Automotive, said in the report. Updated monthly, the Kelley Blue Book Trade-in Value is our estimate of how much a consumer can expect to receive from a dealer when trading-in their vehicle - assuming an accurate appraisal of condition. In December 2021, 18.4 percent of total vehicle sales were from the luxury category, driving up the average prices for the year. Luxury vehicle sales typically go up during the last two months of the year. The ATP for a luxury car was $64,864, which is $1,300 over MSRP. Pricing Service API returns the trusted Kelley Blue Book values presented with the easy to understand Price Advisor visual. Manufacturers, wholesale auctions, franchised and independent dealers, rental companies and financial institutions are among the data sources used to calculate new and used vehicle prices. Holman Lincoln Maple Shade is proud to partner with Kelley Blue Book to provide an Instant Cash Offer for. Kelley Blue Book Values are market-relevant and updated once a month to reflect current market conditions. Power, values published by Kelley Blue Book rely on a constant flow of pricing information from various industry sources. The average price for a non-luxury vehicle was $43,072 last month, as customers paid more than MSRP during the last six months. Buying or selling a car KBB.com gives you everything you need to research a new or used car, compare cars, find cars for sale and make a well-informed. Sell Us Your Car with KBBs Instant Trade Value Tool. However, sales picked up in December with 1,219,034 units sold. Last year saw an overall slump in sales volumes with six consecutive months of decline that ended in November. ![]()
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