In the United States, the average selling price for a new light vehicle came to around ****** U.S. dollars in 2024. New light vehicles were about *** percent more expensive in 2024 than in 2023. What is the price of a new car in the U.S.? New automobiles and light trucks were on around ****** U.S. dollars more expensive than used light vehicles: the average selling price for used vehicles amounted to about ****** U.S. dollars in 2024. This increasing price gap between new and used vehicles is partly linked to the industry's recovery from the semiconductor shortage, which led to higher new vehicle inventory and reduced pressure on the used vehicle market. The semiconductor shortage The hike in prices across the board recorded in 2022 can be in part attributed to the global automotive chip shortage, which started in 2021 as demand rebounded from the COVID-19 pandemic. The average price rise could be observed across segments, with new full-size SUV/crossover vehicles averaging ****** U.S. dollars as of December 2022.
As of December 2022, full-size SUV/crossover vehicles had an average transaction price of nearly ****** U.S. dollars. This represented an average price increase of approximately *** percent for the vehicle type. Sport utility vehicles made up most of the best-selling passenger vehicle models in the United States in 2022.
The average transaction prices for new vehicles in the United States have ********* between December 2021 and December 2022. Tata Motors, which counts Jaguar Land Rover Automotive among its subsidiaries, recorded the highest average transaction price across automakers, followed by Daimler in December 2022.
As of January 2023, luxury cars sold in the United States had an average transaction price of approximately ****** U.S. dollars, up from under ****** U.S. dollars a year earlier. Luxury vehicles' average price had overall increased during the recorded time period. The luxury car market revenue in the U.S. was tipped to reach some **** billion U.S. dollars in 2022, making the country the leading market for luxury cars.
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Data extracted from FIPE.
Every observation (row) corresponds to a average car price, calculated to a month of a year of reference. In other words, in a year (year_of_reference
) there are 12 observations related to the same car, however avg_price_brl
might differ.
The variables fuel
, gear
and engine_size
were extracted from values of column model
, as in original there is no column dedicated to those values. Since some values for model don't contain the information of engine size, this dataset doesn't contain the whole data from FIPE's original. Additionally, if 'Aut.' is not present in model
, the car is assumed to be manual.
The prices are calculated by FIPE and they're here as original (in BRL).
FIPE updates the information on a monthly basis. Here, the referred month is given as month_of_reference
, as the corresponding year has variable named as year_of_reference
The FIPE codes (fipe_codes
) are the model identifier used in FIPE webpage.
year_of_reference
: year of reference of the observation, i.e., the year the data corresponds to.moth_of_reference
: month of reference of the observation, i.e., the month the data corresponds to. The average price is calculated by FIPE each month.fipe_code
: unique id corresponding to a model for easy search on FIPE webpage.authentication
: unique code that authenticates the consult in FIPE's site.brand
: car's make.model
: a description of the car containing the name and other descriptive information, as provided in FIPE table.fuel
: fuel used by the car. Some of gas cars are actually alcohol and gas (totalflex), which is common in Brazil.gear
: the way gears are shifted.engine_size
: Engine size measured in cubic centimeters.year_model
: those values corresponds to the year of reference, and may not be the same of the year of manufacture, which in case will corresponds to a year before year_model
. Observations with year_model
= year_of_reference
mean the car is brand new for that year of reference, i.e., a 2021 car with year_of_reference
= 2021 and moth_of_reference
= July mean that the observation (mainly the average price) corresponds to a brand new car in the year of 2021, of the month of July. The same model may have a different average price for different month. avg_price_brl
: average car's price, as measured by FIPE, in BRL.Here are some questions that may be used as starting point of analysis.
As of March 2022, sport utility vehicles were the most expensive vehicle type in the United Kingdom, costing on average just over ****** British pounds. In contrast, city cars were more affordable, with prices averaging ****** British pounds.
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Graph and download economic data for Consumer Price Index for All Urban Consumers: Used Cars and Trucks in U.S. City Average (CUSR0000SETA02) from Jan 1953 to Jun 2025 about used, trucks, vehicles, urban, consumer, CPI, inflation, price index, indexes, price, and USA.
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United States Average Transaction Price: Category: Luxury Car data was reported at 58,248.000 USD in Mar 2025. This records an increase from the previous number of 55,620.000 USD for Feb 2025. United States Average Transaction Price: Category: Luxury Car data is updated monthly, averaging 63,749.000 USD from Jan 2020 (Median) to Mar 2025, with 63 observations. The data reached an all-time high of 78,618.000 USD in Nov 2022 and a record low of 46,353.000 USD in Oct 2023. United States Average Transaction Price: Category: Luxury Car data remains active status in CEIC and is reported by Cox Automotive. The data is categorized under Global Database’s United States – Table US.RA011: New Vehicle Average Transaction Price.
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United States Average Transaction Price data was reported at 47,462.000 USD in Mar 2025. This records a decrease from the previous number of 47,577.000 USD for Feb 2025. United States Average Transaction Price data is updated monthly, averaging 47,551.000 USD from Jan 2020 (Median) to Mar 2025, with 63 observations. The data reached an all-time high of 49,939.000 USD in Dec 2022 and a record low of 38,550.000 USD in Feb 2020. United States Average Transaction Price data remains active status in CEIC and is reported by Cox Automotive. The data is categorized under Global Database’s United States – Table US.RA011: New Vehicle Average Transaction Price.
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United States Average Transaction Price: Category: High-End Luxury Car data was reported at 119,740.000 USD in Mar 2025. This records a decrease from the previous number of 120,426.000 USD for Feb 2025. United States Average Transaction Price: Category: High-End Luxury Car data is updated monthly, averaging 116,811.000 USD from Jan 2020 (Median) to Mar 2025, with 63 observations. The data reached an all-time high of 125,187.000 USD in Nov 2022 and a record low of 95,801.000 USD in Sep 2024. United States Average Transaction Price: Category: High-End Luxury Car data remains active status in CEIC and is reported by Cox Automotive. The data is categorized under Global Database’s United States – Table US.RA011: New Vehicle Average Transaction Price.
Car manufacturing is one of the core industries of the German economy. Prices for new cars fluctuated somewhat during the specified time period, but generally grew. Most recently a new car cost ****** euros on average. Global reputation Germany is home to some of the most recognized and purchased automobile brands in the world. These brands are sold internationally and have enjoyed long-standing success. Based on new car registration figures, Volkswagen had the highest market share compared to other names. Mercedes and Audi made up the top three. Volkswagen also bought other car brands in recent years, among them Porsche. The leading car models among German new car buyers were from Volkswagen. Consumers particularly favored the VW Golf, the VW T-Roc and the VW Tiguan. New car market future In 2023, the most new passenger cars registered in Germany by far were produced domestically. Other leading production countries included Japan and South Korea, and Czechia in the European Union. The industry is still recovering from the effects of halted production during the coronavirus (COVID-19) pandemic, as well as facing challenges due to the energy and supply crisis following the beginning of the Russia-Ukraine war in February 2022.
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United States Average Transaction Price: Maker: Honda data was reported at 37,537.000 USD in Mar 2025. This records an increase from the previous number of 37,092.000 USD for Feb 2025. United States Average Transaction Price: Maker: Honda data is updated monthly, averaging 36,235.000 USD from Jul 2020 (Median) to Mar 2025, with 57 observations. The data reached an all-time high of 38,200.000 USD in Jul 2022 and a record low of 28,940.000 USD in Jul 2020. United States Average Transaction Price: Maker: Honda data remains active status in CEIC and is reported by Cox Automotive. The data is categorized under Global Database’s United States – Table US.RA011: New Vehicle Average Transaction Price.
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Avg Consumer Price: Passenger Car: New Domestic: NW: Pskov Region data was reported at 1,263,390.910 RUB in Feb 2025. This stayed constant from the previous number of 1,263,390.910 RUB for Jan 2025. Avg Consumer Price: Passenger Car: New Domestic: NW: Pskov Region data is updated monthly, averaging 324,284.350 RUB from Jan 2003 (Median) to Feb 2025, with 266 observations. The data reached an all-time high of 1,643,417.970 RUB in Mar 2022 and a record low of 142,135.650 RUB in Mar 2003. Avg Consumer Price: Passenger Car: New Domestic: NW: Pskov Region data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Automobile Sector – Table RU.RAF001: Average Consumer Price: Passenger Car: New.
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Avg Consumer Price: Passenger Car: New Domestic: NW: City of St Petersburg data was reported at 1,064,151.710 RUB in Oct 2022. This records a decrease from the previous number of 1,065,678.500 RUB for Sep 2022. Avg Consumer Price: Passenger Car: New Domestic: NW: City of St Petersburg data is updated monthly, averaging 304,410.175 RUB from Jan 2003 to Oct 2022, with 238 observations. The data reached an all-time high of 1,078,132.560 RUB in Aug 2022 and a record low of 149,129.900 RUB in Apr 2003. Avg Consumer Price: Passenger Car: New Domestic: NW: City of St Petersburg data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Automobile Sector – Table RU.RAF001: Average Consumer Price: Passenger Car: New.
In 2024, the average selling price of used vehicles came to around ****** U.S. dollars. In 2024, new automobiles and light trucks were on average almost ****** U.S. dollars more expensive than used light vehicles. The used car boom As the price for new vehicles has been increasing, more Americans are turning towards buying second-hand cars and light trucks. Buying new cars and light trucks is typically seen as a privilege that few may do often. Generally, used vehicle sales are on the rise in most countries. Thanks to ever-improving technology, automobiles may keep running for many years and remain in good condition. This allows the average age of light vehicles in operation in the United States to increase slowly. Although new cars are often seen as status symbols, vintage cars are also very popular in the United States, the main reason for this trend being aesthetic and cultural values.
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United States Average Transaction Price: Maker: Ford data was reported at 53,414.000 USD in Mar 2025. This records a decrease from the previous number of 54,087.000 USD for Feb 2025. United States Average Transaction Price: Maker: Ford data is updated monthly, averaging 54,223.000 USD from Jul 2020 (Median) to Mar 2025, with 57 observations. The data reached an all-time high of 57,027.000 USD in Dec 2022 and a record low of 44,970.000 USD in May 2021. United States Average Transaction Price: Maker: Ford data remains active status in CEIC and is reported by Cox Automotive. The data is categorized under Global Database’s United States – Table US.RA011: New Vehicle Average Transaction Price.
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United States - Consumer Price Index for All Urban Consumers: New and Used Motor Vehicles in U.S. City Average was 125.08900 Index Dec 1997=100 in June of 2025, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Consumers: New and Used Motor Vehicles in U.S. City Average reached a record high of 129.51200 in September of 2022 and a record low of 89.80000 in February of 1993. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index for All Urban Consumers: New and Used Motor Vehicles in U.S. City Average - last updated from the United States Federal Reserve on July of 2025.
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Colombia: New passenger car sales, numbers per year: The latest value from 2023 is 144633 passenger cars, a decline from 208160 passenger cars in 2022. In comparison, the world average is 1102394 passenger cars, based on data from 57 countries. Historically, the average for Colombia from 2005 to 2023 is 200652 passenger cars. The minimum value, 85282 passenger cars, was reached in 2020 while the maximum of 265100 passenger cars was recorded in 2014.
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Japan: New passenger car sales, numbers per year: The latest value from 2023 is 3992727 passenger cars, an increase from 3448297 passenger cars in 2022. In comparison, the world average is 1102394 passenger cars, based on data from 57 countries. Historically, the average for Japan from 2005 to 2023 is 4194210 passenger cars. The minimum value, 3448297 passenger cars, was reached in 2022 while the maximum of 4748482 passenger cars was recorded in 2005.
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Ireland: New passenger car sales, numbers per year: The latest value from 2023 is 122310 passenger cars, an increase from 105253 passenger cars in 2022. In comparison, the world average is 1102394 passenger cars, based on data from 57 countries. Historically, the average for Ireland from 2005 to 2023 is 117899 passenger cars. The minimum value, 57453 passenger cars, was reached in 2009 while the maximum of 186325 passenger cars was recorded in 2007.
In the United States, the average selling price for a new light vehicle came to around ****** U.S. dollars in 2024. New light vehicles were about *** percent more expensive in 2024 than in 2023. What is the price of a new car in the U.S.? New automobiles and light trucks were on around ****** U.S. dollars more expensive than used light vehicles: the average selling price for used vehicles amounted to about ****** U.S. dollars in 2024. This increasing price gap between new and used vehicles is partly linked to the industry's recovery from the semiconductor shortage, which led to higher new vehicle inventory and reduced pressure on the used vehicle market. The semiconductor shortage The hike in prices across the board recorded in 2022 can be in part attributed to the global automotive chip shortage, which started in 2021 as demand rebounded from the COVID-19 pandemic. The average price rise could be observed across segments, with new full-size SUV/crossover vehicles averaging ****** U.S. dollars as of December 2022.