Jeep's Average Transaction Prices Soar 29% To Over $50,000, RAM Up 14% To Nearly $60,000 This Year | Carscoops carscoops
. “Obviously, this imbalance of supply and demand, that’s not going to last forever, so we need to stay very disciplined [and] keep our fixed costs under control because at some point that’s going to end.”
But supply and demand isn’t necessarily the only factor in play when discussing these two brands’ recent success.‘s average transaction price crested the $50k mark, reaching $50,322, which is up a significant 29 percent from this time last year. In their case, their success came from buyers’ receptiveness to the brand’s push upmarket, which has been made apparent with vehicles like the Wagoneer/Grand Wagoneer as well as certain trims of the Grand Cherokee/Grand Cherokee L.
As for Stellantis’ other brands, according to data from TrueCar Inc. in the first quarter of 2022, Alfa Romeo’s average transaction prices were up 12% compared to Q1 2022 at $46,516, Chrysler’s were up 15% to $45,321, Dodge’s increased by 23% to $46,444, and Maserati’s by 10% reaching $89,690.
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