Red Hot New & Used Car Markets

Published: June 14, 2021, 2:49 p.m.

b'"Both new and used vehicle markets are red hot right now," says J.D. Power\'s David Paris. New vehicle customer facing transaction prices reached an average of over $38,500 per unit in May. Year-to-date sales are up 35% from last year\'s virus impacted market, even with the production challenges facing automakers currently.'