Tag: Kelly Blue Book
How appraisal strategies can unlock revenue potential in 2024 – Jade...
We all know that when Cox Automotive experts give advice on what they are seeing, especially when it comes to appraisals, merchandising, and pricing...
New vehicle prices dropped for 10th straight month in July as...
New vehicle prices in the U.S. continued their downward trend in July, marking the 10th consecutive month of year-over-year declines. According to Kelley Blue...
The best and worst cars to lease in the second half...
These recommendations are based on current offers on 2024 models and factors like monthly payments, down payments, and overall value.
Best Cars to Lease
Hyundai Elantra
$179/month...
Vanessa Ton discusses the barriers and opportunities for EV adoption by...
According to Kelley Blue Book, EV sales in the U.S. market surpassed 1 million units for the first time in 2023, but not everyone...
High interest rates undermine new auto incentives for car shoppers
Incentives are re-emerging in the auto market, but high interest rates are diminishing their appeal to car shoppers. According to Edmunds, the average annual...
New vehicle transaction prices drop, luxury brands offer significant discounts
According to an analysis by Kelley Blue Book, a subsidiary of Cox Automotive, the average transaction price (ATP) for new vehicles in the United...
KBB reports new vehicle ATP trends decline as incentives rise
A new report from Kelly Blue Book reveals that new vehicle transaction prices decreased by 1.4% in February, while incentives rose 3% month-over-month.
The average...
Auto dealers shift gears to drive profit in the service department...
Dealers are looking for new ways to increase sales at the store level and in the service department. Juan Flores, Senior Director of Product...
November’s average new car prices reach a record high
When COVID struck, it disrupted the world's supply chain, resulting in a chip shortage and an all-time high in car prices. People started paying...
Toyota and BMW take the lead for most shopped vehicles
This week, the Q1 2022 Kelley Blue Book Brand Watch™ reports revealed that Toyota and BMW are back to having the most-shopped vehicles in...