IRVINE, Calif., September 1, 2015 – The analysts at Kelley Blue Book www.kbb.com, the only vehicle valuation and information source trusted and relied upon by both consumers and the automotive industry, today report the estimated average transaction price (ATP) for light vehicles in the United States was $33,543 in August 2015. New-car prices have increased by $1,107 (up 3.4 percent) from August 2014, while dropping $79 (down 0.2 percent) from last month.
“All major automakers are up year-over-year, but September will be a telling month depending on the impact of Labor Day sales and wavering financial market conditions,” said Akshay Anand, analyst for Kelley Blue Book. “Hopefully manufacturers will stay disciplined and not over incentivize to meet sales goals if the markets continue to falter.”
