1999–2003 Average New Car Expenditures
Consumer outlay for
new domestic cars slighty decreased in 2002 and 2003, while imports
increased in 2003. Listed below are the
consumer expenditures for domestic and import cars for 1999 through
2003. These expenditures do not include items such as taxes,
destination charges, dealer costs, etc. The “average” figures
are weighted measures based on the number of vehicles sold and
other factors. The change column indicates the percentage change
from the previous year.
Source: Ward’s Motor Vehicle Facts & Figures
SUVs continue to become more popular
among US drivers, accounting for 27.2% of all light vehicle
sales in the first seven months of 2004, compared with 26%
the same period in 2003.
(The New York Times, 8/17/04)