After months of declining, new car prices ticked up last month. The average transaction price was $48,510 in April. Mainstream models now cost an average of $44,989. New car prices are climbing once again as the average transaction price jumped 2.2% to $48,510 in April. The figure reverses months of declines, but it’s important to note the number is still down 0.5% on a year-over-year basis. That’s little consolation to buyers and Kelley Blue Book also found new vehicle incentives dipped. In... Read this story
