Friday, February 3, 2012

New Car Prices Up, Incentives Down

A recent article by the Wall Street Journal stated the sales of automobiles in the U.S. increased by 11% last month versus the same time frame last year which was published in a report from J.D. Power and Associates.  The firm also noted that the average price of an automobile rose from $25,505 in 2008 to $28,341, an 11.1% increase. 

Surprisingly, the amount of discounts and rebates being offered by manufactures has decreased.  The average amount of incentives for new cars has dropped by $338. 

The article can be viewed here:  WSJ

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