As of December 2022, full-size SUV/crossover vehicles had an average transaction price of nearly 80,000 U.S. dollars. This represented an average price increase of approximately 2.6 percent for the vehicle type. Sport utility vehicles made up most of the best-selling passenger vehicle models in the United States in 2022.

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: Used Cars and Trucks in U.S. City Average (CUSR0000SETA02) from Jan 1953 to May 2025 about used, trucks, vehicles, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

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.

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 May 2025 about vehicles, urban, new, consumer, CPI, inflation, price index, indexes, price, and USA.

This statistic represents the average price of new vehicles in the United States from 1998 through 2016. In the United States, the average light truck was sold at a price of a little under 36,000 U.S. dollars in 2016.

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.

Used Car Prices YoY in the United States increased to 6.30 percent in June from 4 percent in May of 2025. This dataset includes a chart with historical data for the United States Used Car Prices YoY.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Used Cars and Trucks in U.S. City Average (CUUS0000SETA02) from H1 1984 to H2 2024 about used, trucks, vehicles, urban, consumer, CPI, price index, indexes, price, and USA.

United States - Consumer Price Index for All Urban Consumers: Used Cars and Trucks in U.S. City Average was 183.77900 Index 1982-84=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Consumers: Used Cars and Trucks in U.S. City Average reached a record high of 216.87600 in February of 2022 and a record low of 20.00000 in March of 1956. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index for All Urban Consumers: Used Cars and Trucks in U.S. City Average - last updated from the United States Federal Reserve on July of 2025.

United States Motor Vehicle Sales: Average Price data was reported at 13,105.000 USD in 2010. This records an increase from the previous number of 12,518.000 USD for 2009. United States Motor Vehicle Sales: Average Price data is updated yearly, averaging 12,098.000 USD from Dec 1990 (Median) to 2010, with 21 observations. The data reached an all-time high of 13,451.000 USD in 2007 and a record low of 8,691.000 USD in 1990. United States Motor Vehicle Sales: Average Price 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.

The average for 2021 based on 165 countries was 108.07 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.

The average transaction prices for new vehicles in the United States have increased 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 75,000 U.S. dollars, up from under 73,200 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 7.45 billion U.S. dollars in 2022, making the country the leading market for luxury cars.

The USA: Vehicle prices, world average = 100: The latest value from 2021 is 105.15 index points, an increase from 103.89 index points in 2017. In comparison, the world average is 108.07 index points, based on data from 165 countries. Historically, the average for the USA from 2017 to 2021 is 104.52 index points. The minimum value, 103.89 index points, was reached in 2017 while the maximum of 105.15 index points was recorded in 2021.

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 May 2025 about used, vehicles, urban, new, consumer, CPI, inflation, price index, indexes, price, and USA.

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.

The average for 2021 based on 11 countries was 99.35 index points. The highest value was in Suriname: 117.42 index points and the lowest value was in Peru: 85.08 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

United States Average Transaction Price: Maker: Toyota data was reported at 42,169.000 USD in Mar 2025. This records an increase from the previous number of 42,079.000 USD for Feb 2025. United States Average Transaction Price: Maker: Toyota data is updated monthly, averaging 38,877.000 USD from Jul 2020 (Median) to Mar 2025, with 57 observations. The data reached an all-time high of 42,411.000 USD in Aug 2024 and a record low of 33,608.000 USD in Sep 2020. United States Average Transaction Price: Maker: Toyota 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 July of 2025.