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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