3 ms·
I can't quite figure out what the average transaction price measure KBB is using here is. going by their tables by category (for example, an average of $26,379
by kipchak 3y ago
I can't quite figure out what the average transaction price measure KBB is using here is. going by their tables by category (for example, an average of $26,379 for compacts)[1] and that the price is now below sticker[2], it looks like they're not using the OTD/TTL cost and just the portion related to the vehicle.
[1]https://www.coxautoinc.com/wp-content/uploads/2023/04/March-2023-Kelley-Blue-Book-Average-Transaction-Price-data-tables.pdf https://www.coxautoinc.com/wp-content/uploads/2023/04/March-...
[2]https://mediaroom.kbb.com/2023-04-11-After-Nearly-Two-Years,-New-Vehicle-Transaction-Prices-Fall-Below-Sticker-Price-in-March-2023,-According-to-New-Data-from-Kelley-Blue-Book https://mediaroom.kbb.com/2023-04-11-After-Nearly-Two-Years,...