{"id":2940,"date":"2025-10-14T21:32:00","date_gmt":"2025-10-14T21:32:00","guid":{"rendered":"http:\/\/seabrave.com\/?p=2940"},"modified":"2025-10-15T16:47:55","modified_gmt":"2025-10-15T16:47:55","slug":"new-car-prices-just-crossed-a-number-we-thought-wed-never-see","status":"publish","type":"post","link":"http:\/\/seabrave.com\/index.php\/2025\/10\/14\/new-car-prices-just-crossed-a-number-we-thought-wed-never-see\/","title":{"rendered":"New Car Prices Just Crossed A Number We Thought We\u2019d Never See"},"content":{"rendered":"<div><img width=\"1024\" height=\"576\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"attachment-large size-large wp-post-image lazyload\" alt=\"\" style=\"margin-bottom: 15px\" loading=\"lazy\" data-src=\"http:\/\/seabrave.com\/wp-content\/uploads\/2025\/10\/fg543r3cvedd-1024x576-1.jpg\"><\/div>\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<ul class=\"wp-block-list\">\n<li>The average transaction price reached a record $50,080 last month.<\/li>\n<li>Prices rose 3.6 percent year-over-year, surpassing the $50K threshold.<\/li>\n<li>Strong EV and luxury vehicle sales fueled the latest price increase.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>The average transaction price of a new vehicle crossed a major threshold in September, climbing beyond $50,000 for the first time. Buyers paid an average of $50,080 last month, marking a new high in the cost of getting behind the wheel.<\/p>\n<div class=\"ad-placement\">\n<div id=\"82503191-e1d1-435a-874f-9c78a2a54a2f\" class=\"_ap_apex_ad\"><\/div>\n<div id=\"0f7e3106-c4d6-4db4-8135-c508879a76f8\" class=\"_ap_apex_ad\"><\/div>\n<p>\t\t\t\tvar adpushup = window.adpushup  = window.adpushup || {que:[]};<br \/>\n\t\t\t\tadpushup.que.push(function() {<br \/>\n\t\t\t\t\tif (adpushup.config.platform !== &#8220;DESKTOP&#8221;){<br \/>\n\t\t\t\t\t\tadpushup.triggerAd(&#8220;0f7e3106-c4d6-4db4-8135-c508879a76f8&#8221;);<br \/>\n\t\t\t\t\t} else {<br \/>\n\t\t\t\t\t\tadpushup.triggerAd(&#8220;82503191-e1d1-435a-874f-9c78a2a54a2f&#8221;);<br \/>\n\t\t\t\t\t}<br \/>\n\t\t\t\t});<\/p><\/div>\n<p>That&rsquo;s an astonishing figure and Kelly Blue Book (<a href=\"https:\/\/www.kbb.com\/\">KBB<\/a>) noted &ldquo;new-vehicle prices have risen steadily for more than a year, with the pace of the increases accelerating in recent months.&rdquo; Speaking of which, the average transaction price jumped 2.1% from August and 3.6% from a year ago.<\/p>\n<p><strong>Record Prices Keep Climbing<\/strong><\/p>\n<p>Transaction prices weren&rsquo;t the only things that climbed as average <a href=\"https:\/\/www.carscoops.com\/tag\/prices\/\">MSRPs<\/a> also hit a new record of $52,183. That&rsquo;s up 4.2% compared to this time last year.<\/p>\n<div id=\"taboola-mid-article\"><\/div>\n<div id=\"taboola-mid-article-thumbnails-organic\"><\/div>\n<p>The tax credit rush for EVs could have juiced the numbers and KBB believes 11.6% of vehicles sold last month were electric. That too would be a record and the average transaction price for an <a href=\"https:\/\/www.carscoops.com\/tag\/electric-vehicles\/\">electric vehicle<\/a> was $58,124. <\/p>\n<p><strong>More: <a href=\"https:\/\/www.carscoops.com\/2025\/10\/your-next-service-could-really-sting\/\">Car Repair Costs Are Exploding And It&rsquo;s Not Just About Tariffs<\/a><\/strong><\/p>\n<p>However, sales will likely drop following the elimination of the clean vehicle tax credit, although automakers have rolled out hefty incentives of their own.<\/p>\n<h5 class=\"wp-block-heading\">Industry Average Transaction Price Versus Industry Average Incentive Spend as % of ATP<\/h5>\n<p>        <a href=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2025\/10\/September-ATP-1014-1.jpg\" data-type=\"inarticle-image-block\"> <\/p>\n<figure class=\"wp-block-image size-large\">\n<p>                    <img loading=\"lazy\" class=\"lazy \" src=\"\" alt=\" New Car Prices Just Crossed A Number We Thought We&rsquo;d Never See\" width=\"2500\" height=\"1240\" data-src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2025\/10\/September-ATP-1014-1-1024x508.jpg\" data-type=\"inarticle-image\" \/><\/p>\n<\/figure>\n<p>        <\/a>  <\/p>\n<h4 class=\"wp-block-heading\">KBB<\/h4>\n<p>Sticking with that theme, KBB said automakers spent 7.4% of average transaction prices on incentives and that equates to roughly $3,700. That&rsquo;s the highest level we&rsquo;ve seen all year and it&rsquo;s up slightly from 7.2% in August. However, both are on par with the 7.3% figure of September 2024.<\/p>\n<div class=\"ad-placement\">\n<div id=\"9b1169d9-7a89-4971-a77f-1397f7588751\" class=\"_ap_apex_ad\"> <\/div>\n<div id=\"bb7964e9-07de-4b06-a83e-ead35079d53c\" class=\"_ap_apex_ad\"> <\/div>\n<p>\t\t\t\tvar adpushup = window.adpushup  = window.adpushup || {que:[]};<br \/>\n\t\t\t\tadpushup.que.push(function() {<br \/>\n\t\t\t\t\tif (adpushup.config.platform !== &#8220;DESKTOP&#8221;){<br \/>\n\t\t\t\t\t\tadpushup.triggerAd(&#8220;bb7964e9-07de-4b06-a83e-ead35079d53c&#8221;);<br \/>\n\t\t\t\t\t} else {<br \/>\n\t\t\t\t\t\tadpushup.triggerAd(&#8220;9b1169d9-7a89-4971-a77f-1397f7588751&#8221;);<br \/>\n\t\t\t\t\t}<br \/>\n\t\t\t\t});<\/p><\/div>\n<p>The automaker with the highest transaction prices last month was Jaguar Land Rover-owner Tata at $102,096. They were followed by Mercedes ($75,700) and BMW ($69,924).<\/p>\n<p>On the flip side, the lowest average transaction price was $36,092 from <a href=\"https:\/\/www.carscoops.com\/tag\/subaru\/\">Subaru<\/a>. They narrowly beat the Renault-Nissan-Mitsubishi Alliance, which clocked in at $36,547.<\/p>\n<h5 class=\"wp-block-heading\">New-Vehicle Average Transaction Price<\/h5>\n<p>        <a href=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2025\/10\/September-ATP-1014-2.jpg\" data-type=\"inarticle-image-block\"> <\/p>\n<figure class=\"wp-block-image size-large\">\n<p>                    <img loading=\"lazy\" class=\"lazy \" src=\"\" alt=\" New Car Prices Just Crossed A Number We Thought We&rsquo;d Never See\" width=\"2500\" height=\"1284\" data-src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2025\/10\/September-ATP-1014-2-1024x526.jpg\" data-type=\"inarticle-image\" \/><\/p>\n<\/figure>\n<p>        <\/a>  <\/p>\n<h4 class=\"wp-block-heading\">KBB<\/h4>\n<p>Cox Automotive&rsquo;s executive analyst, Erin Keating, said &ldquo;Prices go up over time, and today&rsquo;s market is certainly reminding us of that. While there are many affordable options out there, many price-conscious buyers are choosing to stay on the sidelines or cruising in the used-vehicle market.&rdquo; <\/p>\n<p>As a result, things are &ldquo;being driven by wealthier households who have access to capital, good loan rates and are propping up the higher end of the market.&rdquo;<\/p>\n<div class=\"ad-placement\">\n<div id=\"e46c436a-adeb-4b5e-a2c7-56bc36561c10\" class=\"_ap_apex_ad\"> <\/div>\n<div id=\"b25ecba7-3bbb-4ea7-a3a8-dbea91695c07\" class=\"_ap_apex_ad\"> <\/div>\n<p> \t\t\t\tvar adpushup = window.adpushup  = window.adpushup || {que:[]};<br \/>\n         \t\tadpushup.que.push(function() {<br \/>\n             \t\tif (adpushup.config.platform !== &#8220;DESKTOP&#8221;){<br \/>\n    \t\t\t\t\tadpushup.triggerAd(&#8220;b25ecba7-3bbb-4ea7-a3a8-dbea91695c07&#8221;);<br \/>\n             \t\t} else {<br \/>\n\t\t\t\t\t\tadpushup.triggerAd(&#8220;e46c436a-adeb-4b5e-a2c7-56bc36561c10&#8221;);<br \/>\n\t\t\t\t\t}<br \/>\n\t\t\t\t});<\/p><\/div>\n<p>Keating also noted that while tariffs are adding cost pressures, the &ldquo;pricing story in September was mostly driven by the healthy mix of EVs and higher-end vehicles pushing the new-vehicle ATP into uncharted territory.&rdquo;<\/p>\n<p>        <a href=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2025\/10\/September-2025-Kelley-Blue-Book-Average-Transaction-Price-tables-1-copy-scaled.jpg\" data-type=\"inarticle-image-block\"> <\/p>\n<figure class=\"wp-block-image size-large\">\n<p>                    <img loading=\"lazy\" class=\"lazy \" src=\"\" alt=\" New Car Prices Just Crossed A Number We Thought We&rsquo;d Never See\" width=\"2560\" height=\"1685\" data-src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2025\/10\/September-2025-Kelley-Blue-Book-Average-Transaction-Price-tables-1-copy-1024x674.jpg\" data-type=\"inarticle-image\" \/><\/p>\n<\/figure>\n<p>        <\/a>  <\/p>\n<p>        <a href=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2025\/10\/September-2025-Kelley-Blue-Book-Average-Transaction-Price-tables-2-copy-scaled.jpg\" data-type=\"inarticle-image-block\"> <\/p>\n<figure class=\"wp-block-image size-large\">\n<p>                    <img loading=\"lazy\" class=\"lazy \" src=\"\" alt=\" New Car Prices Just Crossed A Number We Thought We&rsquo;d Never See\" width=\"2265\" height=\"2560\" data-src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2025\/10\/September-2025-Kelley-Blue-Book-Average-Transaction-Price-tables-2-copy-906x1024.jpg\" data-type=\"inarticle-image\" \/><\/p>\n<\/figure>\n<p>        <\/a>  <\/p>\n<p>        <a href=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2025\/10\/September-2025-Kelley-Blue-Book-Average-Transaction-Price-tables-3-copy-scaled.jpg\" data-type=\"inarticle-image-block\"> <\/p>\n<figure class=\"wp-block-image size-large\">\n<p>                    <img loading=\"lazy\" class=\"lazy \" src=\"\" alt=\" New Car Prices Just Crossed A Number We Thought We&rsquo;d Never See\" width=\"2560\" height=\"2160\" data-src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2025\/10\/September-2025-Kelley-Blue-Book-Average-Transaction-Price-tables-3-copy-1024x864.jpg\" data-type=\"inarticle-image\" \/><\/p>\n<\/figure>\n<p>        <\/a>  <\/p>\n<h4 class=\"wp-block-heading\">Source: Cox Automotive, KBB<\/h4>\n","protected":false},"excerpt":{"rendered":"<p>The average transaction price reached a record $50,080 last month. Prices rose 3.6 percent year-over-year, surpassing the $50K threshold. Strong &hellip; <a href=\"http:\/\/seabrave.com\/index.php\/2025\/10\/14\/new-car-prices-just-crossed-a-number-we-thought-wed-never-see\/\" class=\"more-link\"><span class=\"more-button\">Continue Reading<span class=\"screen-reader-text\">New Car Prices Just Crossed A Number We Thought We\u2019d Never See<\/span><\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":2942,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"_links":{"self":[{"href":"http:\/\/seabrave.com\/index.php\/wp-json\/wp\/v2\/posts\/2940"}],"collection":[{"href":"http:\/\/seabrave.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/seabrave.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/seabrave.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/seabrave.com\/index.php\/wp-json\/wp\/v2\/comments?post=2940"}],"version-history":[{"count":2,"href":"http:\/\/seabrave.com\/index.php\/wp-json\/wp\/v2\/posts\/2940\/revisions"}],"predecessor-version":[{"id":2943,"href":"http:\/\/seabrave.com\/index.php\/wp-json\/wp\/v2\/posts\/2940\/revisions\/2943"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/seabrave.com\/index.php\/wp-json\/wp\/v2\/media\/2942"}],"wp:attachment":[{"href":"http:\/\/seabrave.com\/index.php\/wp-json\/wp\/v2\/media?parent=2940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/seabrave.com\/index.php\/wp-json\/wp\/v2\/categories?post=2940"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/seabrave.com\/index.php\/wp-json\/wp\/v2\/tags?post=2940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}