IRVINE, Calif. — Transaction prices continue to climb in May, with the average climbing $847 from a year ago to $33,261. The increase was the weakening sales mix of cars, which fell from 41% in the year-ago period to 38%, Kelley Blue Book reported today.
“Compact SUVs, the most popular segment in terms of sales, saw an increase of 2% year over year and clearly remain in very high demand,” noted Kelley Blue Book analyst Tim Fleming. “There are signs, however, of discounts in SUV segments that are growing quickly, including subcompact and luxury SUVs, which are likely helping to fuel those segments’ double-digit sales growth this year.”












