Average price of new light vehicles in US hit high in 2016; driven up by trucks; cars moving in opposite direction
Green Car Congress
AUGUST 1, 2017
The 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. Twenty years ago, prices for cars and light trucks were similar, but car prices have steadily decreased while truck prices have increased.
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