Consumers are paying record prices for new Chevys.
Low incentives, low volume, and high prices.
High ATPs were mainly driven by sales of the Cadillac Escalade.
Buyers can’t get enough of the new Escalade.
Depreciation is hitting some owner’s wallets hard.
Vehicles priced under $10k are currently the hardest to find.
A GMC vehicle sold for an average of $56,938 in July.
Buick sales also jumped 103 percent in Q2.
Driven by the Yukon, Yukon XL and Sierra.
Full-size SUVs lead the charge.
Besting the previous record by roughly $7,000.
The used market continues its crazy-high prices.
An increase of nearly 14 percent.
Meanwhile, new vehicle ATP has stabilized.
A new Saturn has not been produced since the 2010 model year.
Lower inventory + high demand = high prices.
The chip shortage is affecting pickup truck prices, too.
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