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.

Graph and download economic data for Consumer Price Index for All Urban Consumers: New Vehicles in U.S. City Average (CUUR0000SETA01) from Mar 1947 to Aug 2025 about vehicles, new, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

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.

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 Aug 2025 about used, trucks, vehicles, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

Switzerland had the highest price tags on new passenger cars sold in 2020, overtaking Norway for the first time in five years. Swiss people had to dig deeper into their pockets than any of their European neighbors, with prices roughly 15,000 euros higher than the EU-28 average. Reasons for automobiles being so costly in Switzerland are partly due to tax rates, which are set by each canton based on a set of varying criteria including but not limited to vehicle weight, powertrain, and CO2 emissions. These incentives contribute to making larger, heavier vehicles using petrol and diesel engines more expensive. The only vehicles exempt from taxes in selected cantons were electric cars. Electric vehicles are extremely popular in Norway, second in the ranking in terms of average vehicle price, in parts due to the VAT and tolls exemptions for electric vehicles in the country. Norwegian buyers are able to spend more on high-tech models.

Car tax rates in Nordic countries higher on average
Other European countries with a 25 percent tax rate on acquisition are Croatia, Denmark and Sweden, while those in Hungary even exceeded Norwegian rates by two percent. As seen in this statistic higher tax rates on passenger cars translates to higher prices overall. Sweden and Denmark both appeared in the top seven most expensive car buying countries. Hence, in terms of volume of new car registrations, Northern European countries trailed behind not only their more populous neighbors, but also other smaller countries where tax rates were lower.

Prices for passenger cars to stay stable
Prices for passenger cars were forecast to stay relatively stable in the next three years, with only slight increases expected. Luxury cars were the only group where price change was estimated to be more prominent.

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.

The average for 2021 based on 40 countries was 107.24 index points. The highest value was in Singapore: 355.77 index points and the lowest value was in Syria: 58.27 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

Coupes and convertibles were the most expensive used car types in the United States as of February 2023, priced on average at around ****** and ****** U.S. dollars respectively. In contrast, used wagons and hatchbacks were more affordable, at an average of ****** and ****** U.S. dollars. The overall used vehicle average list price had been steadily rising between mid-year 2020 and mid-year 2022, but dipped in June 2023.

Average car price in Brazil

Abou the data

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.

Variables

• 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.

- (variable deleted in Version 2).

Questions

Here are some questions that may be used as starting point of analysis.

• How average prices depend on car's age?
• How the engine size contribute to the average price?
• Can FIPE's prices be used to predict car prices?
• Gather some data from real stores. Can you compute you own average? How's it different from FIPE's?
• Build a time series and make explore them accordingly to engine size and gear type.
• Scale prices with Brazil's minimum wage in order make analysis period wise.`

This report analyses new car prices in the United Kingdom. The data is sourced from the Office for National Statistics (ONS) in addition to estimates by IBISWorld. The data is originally sourced from the consumer price index data series and annual figures represent the average value of the index over the financial year. The index base year is 2015: that is, the average of the 2015 calendar year equals 100.

China Automobile Price: DM: Passenger Car (PC) data was reported at 127,000.000 RMB/Unit in Aug 2023. This records a decrease from the previous number of 127,500.000 RMB/Unit for Jul 2023. China Automobile Price: DM: Passenger Car (PC) data is updated monthly, averaging 106,652.000 RMB/Unit from Jan 2007 (Median) to Aug 2023, with 196 observations. The data reached an all-time high of 128,800.000 RMB/Unit in Mar 2023 and a record low of 102,200.000 RMB/Unit in Nov 2012. China Automobile Price: DM: Passenger Car (PC) data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PB: Price Monitoring Center, NDRC: Automobile Price.

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.

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.

United States Motor Vehicle Sales: Average Price: Used Vehicle data was reported at 8,786.000 USD in 2010. This records an increase from the previous number of 8,483.000 USD for 2009. United States Motor Vehicle Sales: Average Price: Used Vehicle data is updated yearly, averaging 8,130.000 USD from Dec 1990 (Median) to 2010, with 21 observations. The data reached an all-time high of 8,786.000 USD in 2010 and a record low of 5,857.000 USD in 1990. United States Motor Vehicle Sales: Average Price: Used Vehicle data remains active status in CEIC and is reported by Bureau of Transportation Statistics. The data is categorized under Global Database’s United States – Table US.RA004: Motor Vehicle Sales: Average Price.

United States Average Transaction Price: Category: Full-Size Car data was reported at 40,462.000 USD in Mar 2025. This records an increase from the previous number of 38,335.000 USD for Feb 2025. United States Average Transaction Price: Category: Full-Size Car data is updated monthly, averaging 44,227.000 USD from Jan 2020 (Median) to Mar 2025, with 63 observations. The data reached an all-time high of 49,410.000 USD in Oct 2023 and a record low of 36,905.000 USD in Jan 2020. United States Average Transaction Price: Category: Full-Size 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.

United States - Consumer Price Index for All Urban Consumers: New Cars and Trucks in U.S. City Average was 112.04000 Index Dec 1997=100 in July of 2021, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Consumers: New Cars and Trucks in U.S. City Average reached a record high of 112.04000 in July of 2021 and a record low of 92.06600 in July of 2008. 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 Cars and Trucks in U.S. City Average - last updated from the United States Federal Reserve on October of 2025.

Graph and download economic data for Consumer Price Index for All Urban Consumers: New and Used Motor Vehicles in U.S. City Average (CUUR0000SETA) from Jan 1993 to Aug 2025 about used, vehicles, urban, new, consumer, CPI, inflation, price index, indexes, price, and USA.

Nigeria: Vehicle prices, world average = 100: The latest value from 2021 is 105.57 index points, a decline from 113.58 index points in 2017. In comparison, the world average is 108.07 index points, based on data from 165 countries. Historically, the average for Nigeria from 2017 to 2021 is 109.58 index points. The minimum value, 105.57 index points, was reached in 2021 while the maximum of 113.58 index points was recorded in 2017.

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.

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.