Press Releases

Leveraging its deep data and insights, Cox Automotive enhances Kelley Blue Book Instant Cash Offer to bring even more value to dealers and help them acquire much-needed inventory

KELLEY BLUE BOOK CONTINUES SUPPORT OF CHASE ELLIOTT, NO. 9 TEAM

- Consumers continued to pay well above MSRP for a new vehicle, marking nine straight months of paying more than sticker price.

Honda Makes Major Comeback in Non-Luxury Brand Categories, Tesla Leads Luxury Brands

NADA At-a-Glance: Cox Automotive Launches Dealer Boost, Reserve Offers, and Contact Center for Kelley Blue Book® Instant Cash Offer

NADA At-a-Glance: Products to Help Dealers Grow Business in 2022, Close More Deals Faster in Changing Marketplace

Understanding Resale Values More Important than Ever for New-Car Buyers Given Current Marketplace Conditions

Electrification Goes Mainstream as Electrified-Vehicle Shopping Hits Another Record in Q4 2021

- Consumers continue to pay well above MSRP for a new vehicle, marking eight straight months of paying more than sticker price.

Strong Year-End Finish for Electrified Vehicle Sales as Choices, Popularity Grow

-- Luxury vehicle sales comprised 18.4% of total sales in December 2021, pushing average transaction prices higher.

NFT to be held for auction to benefit river conservation through American Rivers

- A larger mix of SUVs and pickups helped drive up prices in November; car mix dropped from nearly 30% in 2018 to under 22% in 2021, among the lowest levels ever.

Visit HolidayInDrive.com for Helpful Winter Weather Travel Tips and More

- Luxury car shopping hits all-time low in Q3 2021 as SUVs dominate

- Average transaction prices for new vehicles sold in the U.S. jumped for the seventh straight month in October and hit a record $46,036 with buyers paying an average of $800 over sticker price.

Electrified Vehicle Sales Hit All-Time High in Q3, Even Amidst Overall Decline in New-Vehicle Sales

Additional filters improve consumer experience and drive-up offer quality and acquisition efficiency for dealerships facing low inventory supply

- At $45,031, the average new-vehicle transaction price hit a record high in September 2021 for the sixth consecutive month, according to Kelley Blue Book.

- Nearly half of car shoppers are likely to postpone their purchase due to the chip shortage with most planning to wait several months.

- At $43,355, the average new-vehicle transaction price hit a record high in August 2021 for the fifth consecutive month, according to Kelley Blue Book.

Truck Shopping Increased, Car Shopping Stabilized, SUV Shopping Leveled Off Amid Ongoing Industry Supply Challenges

- New-vehicle affordability hits 10-year low in July as high prices, low incentives combine to put pressure on new-vehicle shoppers.

Donate a Used Vehicle Online at KBB.com in August to Support Boys & Girls Clubs of America

Amid Growing Electrified Vehicle Segment Popularity, Experts List Best Used Models Under $20,000, $15,000

No Vehicle Segment Growing More Quickly, Relentlessly Than Electrified Vehicles

As Vehicle Prices Skyrocket for Buyers, It's More Important Than Ever to Take Care of Your Car

Provides Better Consumer Experience with Redesigned Vehicle Condition Quiz, Trusted Virtual Trade-In Appraisals

KBB.com Editors Name 10 Best Road Trip Cars of 2021

Shoppers Can Save Money in Challenging Market with KBB.com's 10 Best Memorial Day Car Deals for 2021

Volkswagen Strength Driven by Best-Selling Models; Tesla Falls on Price Declines for Its Most Expensive Vehicles

Used Car Sitting in Your Garage Currently Worth on Average 18% More than Last Year

Experts Recommend New Two-Row, Three-Row, and Full-Size SUVs, Plus Minivans to Suit Any Family

Honoring New-Vehicle Brands, Models with Lowest Projected Ownership Costs to Help Shoppers Save Money