This year is set to end on a high note as far as U.S. car sales are concerned, with 2015 shaping up to be the best year in a long time.
The Detroit Bureau reports a combination of falling gas prices and an improving U.S. economy is setting the coming year up for a new-car sales record of over 17 million, with total sales going over 55.7 million in the same period. The previous peak new-car annual sales figure was in 2000, when 17.4 million units left the showroom floor.
Transaction prices are set to climb higher in 2015, as well, with new-car averages rising 2.4 percent from this year to a record $32,589, and used-car averages scaling 2.1 percent to $16,678.
As for the segments that will see the biggest growth in revenue, luxury and utility vehicles will lead the way, pulling in $116.7 billion and $192.1 billion, respectively. Trucks are forecasted to take third on the podium, with $95.7 billion in revenue.
I think I’ll skip buying a car next year, just to be different
Wow, this article really ignited a firestorm of commentary…
In other news: I got a lifetime powertrain warranty from my dealership in 2012 (a promotion they killed a few months after I bought the car). I won’t be trading it in anytime soon…
God that dealer is filled with relative crap. The newer Civic at the front and the FJ way at the back are the only things I’d consider.
The Mazda, maybe – if it didn’t have those racer wheels on it, it’s probably had a rough life.
I mean Aurora, Caliber, Neon LOL. *flees*