Buyers Pay More for New Vehicles in October
Figures based on latest Kelley Blue Book average transaction price data.
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Figures based on latest Kelley Blue Book average transaction price data.
Carmaker blames supply-chain issues, inflation for nearly 11% increase.
iSeeCars research finds prices of battery-electric vehicles (BEVs) rose 54.3%, while used internal-combustion-engine (ICE) vehicle prices rose 10.1%.
General Motors has asked its dealers to help prevent customers from quickly flipping high-demand vehicles and adding high markups.
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