September 2011

Good news for new car buyers — Dealerships lots are crowded

(September 3, 2011) SAN FRANCISCO — Chug, an automobile search engine, says U.S. dealerships lots are the most crowded of the year and good deals may await buyers who are willing to purchase the most overstocked vehicles.

Vehicle transaction prices continue dropping slightly, but remain high

(September 1, 2011) SANTA MONICA, Calif. — TrueCar.com estimated today that the average transaction price for light vehicles in the United States was $29,539 in August, up $388 (1.3 percent) from August 2010 and down $19 (0.1 percent) from July 2011.

Demand for used small cars pushes prices up

(September 1, 2011) SANTA MONICA, Calif. —Elevated gas prices have helped to drive a surge in used compact car prices, according to a data analysis by Edmunds.com.

Edmunds.com's data reveal that consumers paid about 10 percent more for used three-year-old compact cars in July than in January.