New-Vehicle Average Transaction Prices Retreat for Second Straight Month, According to Latest Kelley Blue Book Estimates

New-vehicle average transaction prices (ATP) in February 2024 declined from January and were lower year over year by 2.2%; new-vehicle ATPs are now down 5.4% from the December 2022 peak. February electric vehicle (EV) prices were lower by nearly 13% year over year, led by strong incentive…