Car Sales Fall Across All Reporting Brands in November 2020 – Daily Access News
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Car Sales Fall Across All Reporting Brands in November 2020

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The calendar did not work in favor of U.S. new-car salespeople in November 2020 as there were three fewer selling days than in a typical year. While many companies turned in severe declines in November 2020, others reported much more promising results. Buyers in the United States purchased 15.6 million new vehicles during the month, a drop of 1.19 million compared to November 2019.

Average Transaction Price Remains High: After setting a record high in October 2020, the average transaction price dipped slightly in November. According to Kelly Blue Book’s projections, purchasers paid an average of $39,259 for a new car during the month, which is the third-highest in history. Full-size truck buyers paid an average of $55,000 while SUV buyers paid an average of $67,000.

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