Consumer outlay for new domestic cars continues to rise, while imports
slightly declined in 1999. Listed below are the consumer expenditures
for domestic and import cars for 1995 through 1999. These expenditures
do not include items such as taxes, destination charges, dealer costs,
etc. The “average” figures are a weighted measure based on the
number of vehicles sold and other factors. The change column indicates
the percentage change from the previous year.
|
Year
|
Domestic
|
Change
|
Import
|
Change
|
Average
|
Change
|
|
1995
|
$16,864
|
—
|
$23,202
|
—
|
$17,959
|
—
|
|
1996
|
$17,468
|
3.6%
|
$26,205
|
12.9%
|
$18,777
|
4.6%
|
|
1997
|
$17,838
|
2.1%
|
$28,193
|
7.6%
|
$19,551
|
4.1%
|
|
1998
|
$18,579
|
4.2%
|
$31,986
|
13.5%
|
$20,849
|
6.6%
|
|
1999
|
$18,724
|
0.8%
|
$30,347
|
- 5.1%
|
$21,020
|
0.8%
|
Change in new car expenditures 1995–1999
|
Domestic
|
11.0%
|
|
Import
|
30.8%
|
|
Average
|
17.0%
|
Source: Ward’s Motor Vehicle Facts & Figures 2000
(Response Insurance, Car & Driving History Quiz)