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Average Transaction Price for "light vehicles" (which seems to include luxury sedans, luxury SUVs, pickups, etc) was was $36,270 in January 2018.[1] It's not n
by rconti 8y ago
Average Transaction Price for "light vehicles" (which seems to include luxury sedans, luxury SUVs, pickups, etc) was was $36,270 in January 2018.[1]
It's not nothing, but a ~$46k medium range Model 3 is not so terribly far from that, and in fact hits that on the nose if you manage to buy one in the next 14 hours in California (or a state with even better state-level incentives like Colorado). :) (Tesla is 'promising' delivery before end of 2018 if you order in November; I only know this because my in-laws are looking at it right now).
[1] https://mediaroom.kbb.com/2018-02-01-Average-New-Car-Prices-Rise-Nearly-4-Percent-For-January-2018-On-Shifting-Sales-Mix-According-To-Kelley-Blue-Book https://mediaroom.kbb.com/2018-02-01-Average-New-Car-Prices-...
- olliej 8y agoThe ASP for light vehicles is 36k, when including a bunch of expensive vehicle classes, which should indicate what the average low end sedan costs to bring the overall ASP price down: * ASP for pickup: 47 fullsize, 32 "mid" size * ASP for an SUV: 60k * ASP for luxury SUVs 44k for a compact (wtf is a compact SUV?) up to 80k. * ASP subcompact SUV is 24k Vs. the low-end cars: * 15k for a Kia Rio * 19k for a Toyota Corolla * 12-17k for a Nissan Versa * Honda low end 19k, the top end plugin: 33k * Hyundai 16k-22k * Mitsubishi 14.5k * Ford Fiesta 14.2k, taurus: 27.8k * Chevy cruze: 17-24k * Buick starts at 25k This ignores compacts/hatchbacks which seem to be on average around 5k less. So a Tesla isn't a few grand more expensive. It's 2-2.5 times more expensive.