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7am stumper 3-13-14

Have you shopped for a car or truck lately? If you've been out of the market for a while, maybe the prices are a bit of a surprise.

What's the reported average price of a light vehicle?
1. $28,000
2. $30,000
3. $32,000



The answer is: 3. $32,000


There was an online article for the Wall Street Journal in February. It cited sales figures from truecar.com, which estimated the average transaction price for light vehicles in the U.S. was $32,074 in February. That was up more than $1100 from February 2012. The article also noted that car manufacturers were more aggressive with incentives. The website said nearly all the major automakers tracked by truecar.com spent more on incentives like low financing and special leases.

 
 
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