NEW CARS SOLD

(units in millions)

In August 2024, 1.42 million new vehicles were estimated to have been sold across the United States. This marks a 9.9% increase over July and a 6.1% increase compared to August 2023.

AVERAGE NEW VEHICLE PRICES

Cars prices have continued to dip this month, following the trend from July. In August 2024, the average price of a new car was $47,997, a 0.4% decrease over July and a 1.2% decrease from August 2023.