Transaction Prices Rise in September

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PR Newswire - October 2, 2012

Sep­tem­ber proves itself to be a good month for automak­ers and deal­ers, as trans­ac­tion prices remain as sta­ble as the sales rate, accord­ing to Jesse Toprak of TrueCar.com.

How do automaker trans­ac­tion prices and incen­tives line up?

TrueCar.com, the author­ity on car pric­ing, trends and fore­casts, esti­mated today that the aver­age trans­ac­tion price for light vehi­cles in the United States was $30,282 in Sep­tem­ber 2012, up $264 (0.9 per­cent) from Sep­tem­ber 2011 and up $8 (0.0 per­cent) from August 2012.

[Jesse] Toprak con­tin­ues, “Mar­ket con­di­tions con­tinue to be ideal for automak­ers with lower incen­tive spend­ing, high aver­age trans­ac­tion rates and dou­ble digit sales growth.”

 

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