GMC Savana Average Transaction Price Up 17 Percent In Q3 20214
The average transaction price (ATP) for new vehicle purchases is on the rise, including for the GMC Savana full-size van. According to the latest figures, the ATP for new GMC Savana sales was up 17 percent in the third quarter of the 2021 calendar year.
As reported by Cox Automotive, the ATP for new GMC Savana sales was up to $43,828, spurred on by an increase in e-commerce. The rise in ATP for new GMC Savana sales coincided with a rise in ATP for all GMC vehicles, up 10 percent to $77,534. The most expensive models in the GMC lineup, the GMC Yukon and GMC Yukon XL, were up 1 percent and 6 percent, pricing out at $73,723 and $77,534, respectively. The popular GMC Sierra pickup truck saw an ATP increase of 2 percent, reaching $62,108.
Meanwhile, the GMC Savana’s corporate cousin, the Chevy Express, saw an ATP rise of 18 percent, up to $46,130. The broader Chevy brand was up 16 percent to $47,525, with the Chevy Corvette C8 topping the charts as the most expensive model to wear the Chevy Bow Tie, priced at an average of $83,526, an ATP increase of 8 percent. The Chevy Camaro was up 14 percent to break past $40,000, while the Chevy Suburban was up 2 percent to $67,502. The Chevy Tahoe was down 2 percent to $63,105. Finishing it off for Chevrolet was the Silverado pickup truck, which was up 6 percent to break past $50,000.
Cadillac enjoyed the largest ATP increase of all four of the GM U.S. brands, up 39 percent to $77,393 thanks to a 20-percent ATP increase for the Cadillac Escalade, hitting at $103,342. The Cadillac Escalade ESV was up 19 percent to $106,250.
The final U.S. GM brand, Buick, saw an ATP increase of 8 percent, set at $35,841, with the Buick Envision breaking past $50,000 and the Buick Enclave breaking past $40,000.
As a whole, the ATP for all General Motors vehicles was up 16 percent, settling at $50,392, per the Cox Automotive report.
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Wanted a Savanna but NOT at these prices. Puts me in the RAM and FORD range. I’d rather buy a RAM even if it is front-wheel drive. Has a nicer dash and taller rear area and updated engineering. C’mon GMC.
From what I’ve been seeing on the streets, they’re being sold as cutaways for package delivery. Our local FedEx Ground franchisee drives them. They want stand-up cargo space with a very low load floor.
In the large cutaway segment, they compete exclusively against Ford, particularly the E-Series, there’s no 177″+ or DRW ProMaster, and they don’t want the 3.5l Ecoboost on the Transit.
GM is also selling severely underpowered 3500 long wheelbase DRWs with the 4.6l, which is the U-Haul favorite. (The rental companies know a truck that barely makes 65 reduces their accident rate)
How is this even possible? I ordered a Savana passenger van 6 months ago and GM can’t deliver it! I’m told that Savana production has been shut down for October and November!
Any news on this?
MY loco dealer said If I wanted a Savannah I’d have to wait a year for it. He told me that several months ago.