In the United States, the average selling price for a new light vehicle came to around * U.S. dollars in 2024. New light vehicles were about *** percent more expensive in 2024 than in 2023.Â
What is the price of a new car in the U.S.?  
  New automobiles and light trucks were on around * U.S. dollars more expensive than used light vehicles: the average selling price for used vehicles amounted to about * U.S. dollars in 2024. This increasing price gap between new and used vehicles is partly linked to the industry's recovery from the semiconductor shortage, which led to higher new vehicle inventory and reduced pressure on the used vehicle market.Â
The semiconductor shortage 
The hike in prices across the board recorded in 2022 can be in part attributed to the global automotive chip shortage, which started in 2021 as demand rebounded from the COVID-19 pandemic. The average price rise could be observed across segments, with new full-size SUV/crossover vehicles averaging * U.S. dollars as of December 2022.
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National Automobile Dealers Association. (April 24, 2025). New vehicle average selling price in the United States from 2016 to 2024 (in 1,000 U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 04, 2026, from /statistics/274927/new-vehicle-average-selling-price-in-the-united-states/
National Automobile Dealers Association. "New vehicle average selling price in the United States from 2016 to 2024 (in 1,000 U.S. dollars)." Chart. April 24, 2025. ÌÇÐÄÆƽâ°æ. Accessed August 04, 2026. /statistics/274927/new-vehicle-average-selling-price-in-the-united-states/
National Automobile Dealers Association. (2025). New vehicle average selling price in the United States from 2016 to 2024 (in 1,000 U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 04, 2026. /statistics/274927/new-vehicle-average-selling-price-in-the-united-states/
National Automobile Dealers Association. "New Vehicle Average Selling Price in The United States from 2016 to 2024 (in 1,000 U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 24 Apr 2025, /statistics/274927/new-vehicle-average-selling-price-in-the-united-states/
National Automobile Dealers Association, New vehicle average selling price in the United States from 2016 to 2024 (in 1,000 U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/274927/new-vehicle-average-selling-price-in-the-united-states/ (last visited August 04, 2026)
New vehicle average selling price in the United States from 2016 to 2024 (in 1,000 U.S. dollars) [Graph], National Automobile Dealers Association, April 24, 2025. [Online]. Available: /statistics/274927/new-vehicle-average-selling-price-in-the-united-states/
