The Cash-for-Clunkers or CARS program brings some of the best sales this year for the car, but also some asking prices highest average on the new vehicle. As a new car dealer inventories shrank as extraordinary success Federally-funded programs, the average asking price for new vehicles are creeping up on the board, with only a few models that records a slight decrease. Some of the biggest price increase was registered by Ford, which saw an average 16% increase in prices on a new F-150 full size pick-ups, and 13% average price increase on new Fusion sedan medium.


“With inventories that have been cleared by the Cash-for-Clunkers, consumers will find that the playing field between sellers and buyers more than the level six months ago,” said AutoTrader.com President and CEO Chip Perry. “But it’s still a good time to buy a car, both in terms of manufacturer incentives, and demand for quality used vehicles, which provide the consumer space as the trade negotiations in the car or truck.”

While Chevrolet Camaro once again it AutoTrader.com ‘s most viewed list for August, the story of greater success for General Motors Chevrolet Equinox remains, which saw the review increased by almost 290% each year. This moved the newly launched Equinox crossover vehicle from the 89 most widely viewed in August 2008 and 18 vehicles most viewed 7 months ago to this place in August. More important for Chevrolet, the average asking price of the new Equinox increased nearly 6% from the previous version to $ 27,334.87 – more than $ 600 more than the average asking price of new Ford Escapes on the site and almost $ 2000 more than that for the Honda CR -V, GM’s vehicle targeted directly to the Equinox.

Kia saw the largest increase in popularity AutoTrader.com among automotive brands great, with a view of Kia models only increased 176% in August compared with August 2008. This led to Kia from No. 20 most-brand on AutoTrader.com visits in August 2008 for the No. 8 most-brand seen in August 2009. Ford and Hyundai, both winners in the race in August sales, also saw the outlook for their brands increase, almost 29% and 27% year over year, respectively.

Cash-for-Clunkers site activity going on AutoTrader.com, with August marking the eighth consecutive month that saw the site’s unique monthly visitor count of 15 million. In August, AutoTrader.com attract a total 15.5 million unique visitors monthly, 10% increase in traffic compared with August 2008.

CPO Used Cars & Activity

CPO is used and the demand for light trucks and SUVs continued strong growth in the month of August, with many vehicles such as recording double-digit increases in view of the years. Ford saw the used F-250s almost 47% in view, while prices rose an average asking 7.89% year over year. Similarly, the Ford Explorer SUV, up 45% of CPO in the eyes, and 17% in the average price throughout the year asking for years.

Fuel efficient used car to see some decline in the average price each year, but they are decreasing function of the high price of a used car last year was ordered today because of high gas prices, not reducing the cars’ public popularity. For example, used Honda Civics and Volkswagen Jettas used to see price declines of 12% and 13%, respectively, when compared with the month of August 2008, while maintaining their popularity on the site. Honda Civic is the No. 6 most-viewed used cars this month, last month and in August 2008. The Jetta is the No. 19 most-viewed used cars this month, the No. 18 most-viewed used car last month and the No. 18 most-viewed used car in August 2008.

Both new and used car shopping AutoTrader.com activity seems to indicate an automatic return of more normal spending habits and patters. “For a year or more, we’ve seen spikes in our top 20 list in the demand for certain types of cars – fuel sippers, the specific manufacturer and later for cheaper vehicles,” said Perry. “I believe that those nails were driven by car buyers responding to fluctuating gas prices, on the eve of bankruptcy and other manufacturers or challenging certain economic news. List this month, where various brands and models that represent, may indicate the car back to normal shopping activity as a right – economic rights itself and the shopping and buying behavior is not so strongly influenced by other factors that fluctuate wildly. “