05/27/2026
New vehicle prices are approaching a record high. The average marketed price hit $51,610 on May 26, just $30 below the all-time record in July 2023. This time, prices may not come back down.
Higher prices are increasingly embedded in MSRP rather than driven by short-term inventory shortages, which means dealers need a different approach to pricing, inventory mix, and advertising.
Here are six strategies for operating in a higher-priced market: https://hubs.li/Q04hYL4L0