Thanks To Tesla, Avg US EV Transaction Price Dropped $3,363 In Jan 23

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Thanks To Tesla, Avg US EV Transaction Price Dropped $3,363 In Jan 23
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Thanks To Tesla, Avg US EV Transaction Price Dropped $3,363 In Jan 23 via insideevs.com

tracks average transaction prices for new cars, and it just released its most recent report. According to the publication, average selling prices for EVs dropped by an impressive 5.4%, primarily due to Tesla. Still, the average new electric car sold for nearly $59,000, which is still notably higher than the industry average.data for January 2023 reveals that the average transaction price was down $3,363 compared to December 2022.

It's also important to note that the average luxury buyer paid $65,953 this January, and luxury car sales were also up considerably last month compared to non-luxury sales. While not all EVs are considered luxury vehicles, many fit the bill, and most are priced as such. Considering that people are paying an average of almost $66,000 for a new luxury vehicle and an average of only $59,000 for a new EV is arguably promising for the electric car pricing situation going forward.

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