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Average price of new light vehicles in US hit high in 2016; driven up by trucks; cars moving in opposite direction

  • Green Car Congress faviconGreen Car Congress

    By mmillikinAug 1, 2017, 10:59 pm311 pts
    photo of Average price of new light vehicles in US hit high in 2016; driven up by trucks; cars moving in opposite direction imageThe average price of a new light vehicle (including both cars and light trucks) was up to a record $31,790 in 2016, up from the most recent low of $28,243 in 2008. However, the price increase is driven by light trucks, with the $35,289 average truck price for 2016 beaten only by the $35,997 average in 2015,…
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