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Kelley Blue Book

All articles tagged with #kelley blue book

US New Car Prices Cross $50K as EV Costs Dip to Smallest Gap Yet
automotive1 month ago

US New Car Prices Cross $50K as EV Costs Dip to Smallest Gap Yet

The average price for a new vehicle in the US surpassed $50,000 in August 2026, reaching $50,089, while the average electric vehicle (EV) price fell to $54,813. This marks the first time the industry average has exceeded the $50K threshold this year, yet the price gap between EVs and conventional vehicles has narrowed to its smallest level in over a year. Although overall car prices are rising due to fewer incentives and a shift toward larger vehicles, EV costs are declining relative to the broader market, with the premium over non-EV cars dropping to 9.4% from 16% a year ago.

CarMax Offers $76,000 for Rare Green-Wrapped Cybertruck, Surprising Utah Owner
automotive1 month ago

CarMax Offers $76,000 for Rare Green-Wrapped Cybertruck, Surprising Utah Owner

A Utah man brought a forest-green wrapped Tesla Cybertruck with 3,000 miles to CarMax for an appraisal, expecting a high offer due to the vehicle's rarity. He received a $76,000 offer, which he found surprisingly low compared to rumors of $125,000 offers. However, current Kelley Blue Book data suggests this offer was actually strong, as private-party values for similar trucks have since dropped to around $75,750.

Four-Year Drop: 2022 Cadillac CT4-V Blackwing Now Cheaper Than Many New Cars
automotive3 months ago

Four-Year Drop: 2022 Cadillac CT4-V Blackwing Now Cheaper Than Many New Cars

Over four years, the 2022 Cadillac CT4-V Blackwing has depreciated from a $60,390 MSRP to about $48,500 on average, with KBB, JD Power, and AutoTrader data showing current prices roughly in the $40k–$60k range as production winds down and order books for 2026 close, making a high-performance manual option cheaper than buying a brand-new model.

Five-Year Depreciation Leaves Alfa Romeo Giulia Quadrifoglio Near $43k Used Price
business5 months ago

Five-Year Depreciation Leaves Alfa Romeo Giulia Quadrifoglio Near $43k Used Price

Kelley Blue Book data show the 2021 Alfa Romeo Giulia Quadrifoglio has depreciated about 44% over five years, bringing its current resale around $43,000. By comparison, the BMW M3 retains about 83% of its value (roughly $58,600), while the Mercedes‑AMG C63 sedan sits at about 41% loss (~$41,400). Despite reliability concerns, used examples remain desirable and prices have inched up in early 2026; the Quadrifoglio was discontinued in the U.S. in 2024, yet demand persists.

"Rare Customized Cadillac Once Owned by President Joe Biden Hits Auction Block"
automotive2 years ago

"Rare Customized Cadillac Once Owned by President Joe Biden Hits Auction Block"

A 2018 Cadillac ATS-V Sedan, once leased by President Joe Biden, is up for auction with unique features such as tinted windows and a rare Kona Brown interior. The car's documentation reveals Biden's involvement in customizing the vehicle, including the replacement of the original wheels with 18-inch CT4-V Blackwing wheels. Despite its presidential connection, the car has garnered significant interest in the auction, with a high bid of nearly $30,000. This auction coincides with the White House's push for new emissions standards and increased electric vehicle sales.