Friday, October 23, 2009

Last Month's Hottest-Selling Rides

2009 Toyota RAV4
Average Transaction Price: $25,201
Average 60-Month Payment: $502.82*
MSRP: $21,500-$31,845**
JeffCars.com's analysis: The styling of the RAV4 has been updated for 2010. The average transaction price consumers paid rose $800 from the previous month.

2010 Toyota Prius
Average Transaction Price: $26,674
Average 60-Month Payment: $513.42*
MSRP: $22,000-$35,210**
JeffCars.com's analysis: The average transaction price for the Prius rose approximately $1,000 from August.

2010 Chevy Camaro
Average Transaction Price: $34,636
Average 60-Month Payment: $691.08*
MSRP: $22,680-$46,840**
JeffCars.com's analysis of what consumers are paying: This is one of the few vehicles by GM being sold without any incentives. The average transaction price for the Camaro was $800 less than the previous month.

2010 Subaru Outback
Average Transaction Price: $27,489
Average 60-Month Payment: $548.47*
MSRP: $22,295-$34,795**
JeffCars.com's analysis: The all-wheel-drive Outback has been redesigned for 2010.

2009 Ford Escape
Average Transaction Price: $24,394
Average 60-Month Payment: $486.82*
MSRP: $20,435-$33,725**
JeffCars.com's analysis: The Escape is available as a hybrid, too.

Average Transaction Price is based off what consumers paid in September.

*The 60-month payment is based on the average selling price,using a new-vehicle interest rate provided by Bankrate.com of 7.32%. Last month the 60-month rate was $7.52%. Payments will vary based on interest rates, price, down-payment and the length of the loan.

**MSRP is the price automakers suggest consumers pay, before negotiation occurs.

To calculate the payment and interest rate for the aforementioned rides, visit the right side of this website. Visit our New-Vehicle Pricing guide to configure a new-vehicle.

Sources: PIN, Bankrate.com and JeffCars.com

No comments:

Consumer Reports Talks To 'Auto Trends' About Their First Used Car Brand Study

Consumer Reports' Connecticut test track (Photo Credit: CR) With the average transaction price of a new-vehicle hovering around $48,000,...