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The Latest Breaking News from KBB

Average Price Paid For New EVs Down $3,600 In December 2022: KBB

Despite the lower average transaction price, EVs were significantly more expensive than the average new vehicle (overall) estimated by KBB at $49,507.

Electric Car Prices Soar In November 2022: Average Price $65K

Electric Car Prices Soar In November 2022: Average Price $65K

The prices of most new cars are rising, and the average cost of a new car has skyrocketed. This is especially true of the many EVs coming to market.

Interest In Tesla's EVs May Be Waning, According To Survey

Interest In Tesla's EVs May Be Waning, According To Survey

Are people becoming less interested in EVs, Tesla's models too pricey, or other compelling rivals' models appealing to people? Perhaps it's something else?

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EVs Hit Avg Transaction Price Of $66K In US, Gas Car Prices Also Rise

EVs have a higher starting price than comparable gas cars, though long-term ownership costs tell a different story. EVs are getting more expensive, which is the case with most cars.

Tesla Dominates EV Sales In 2022 Despite Mounting Competition

EVs made up over 5 percent of total car sales for the first time ever, and many legacy automakers are starting to see substantial sales of their first few EVs.

Tesla Is Clearly Dominant: Are Rivals Actually Catching Up?

There's been Tesla Killer talk for years, and it continues. However, today, there are many compelling EV rivals, and more are on the way. How will it play out?

Inflation: Tesla's Average Transaction Price Tops All Brands In 2022

Tesla continues to raise prices as Musk warns about inflationary pressure. However, many other brands saw a larger average transaction price year over year.

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Tesla Model 3 / Nissan Leaf Only EVs On KBB's 5-Year Cost To Own Awards

Tesla Model 3 / Nissan Leaf Only EVs On KBB's 5-Year Cost To Own Awards

It seems EVs need to either be very well-priced like the Leaf or incredibly efficient like the Model 3 to truly offer notable savings over gas-powered rivals.

Tesla Takes Home Three Kelley Blue Book 2022 Brand Image Awards

Tesla is no stranger to controversy and criticism, and also no stranger to awards. Honda is the only other automaker to win three KBB 2022 Brand Image Awards.

Toyota Tundra, GMC Sierra Top KBB Best Resale Awards List For 2022

Toyota Tundra, GMC Sierra Top KBB Best Resale Awards List For 2022

Seven nameplates in the top 10 are trucks.

US EV Sales Hit All-Time High In Q4 2021: Tesla Leads w/72% Share

US EV Sales Hit All-Time High In Q4 2021: Tesla Leads w/72% Share

KBB says that of the ~148,000 EVs sold in the States in Q4 2021, Tesla delivered 72% of them, with over 62,000 Model Y crossovers delivered in Q4 2021.

Tesla Now Third Most Considered Luxury Brand, KBB Finds

The study basically refers to how premium car brands are perceived by buyers and Tesla has never been this high in the standings.

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