(January 5, 2016) IRVINE, Calif. — The analysts at Kelley Blue Book kbb.com today report the estimated average transaction price (ATP) for light vehicles in the United States was $34,428 in December. New-car prices have increased by $297 (up 0.9 percent) from December 2014, while climbing $248 (up 0.7 percent) from last month.
"Prices continue to climb, reaching record levels, with more new product on the market than ever before, and new product iterations tend to bring higher transaction prices, particularly among luxury models," said Akshay Anand, analyst for Kelley Blue Book.