Kelly Blue Book has just reported “Average New Car Price Increases for Eighth Straight Month,” in feature by Sean Tucker posted yesterday.

That article then opened with the following summary: “The average new car in America sold for $46,329 in November. That’s $5,392 more than just one year before — a 13% gain.”

Curiously, then, this was followed by the assertion that this was “just $393 higher than the average at the end of October …” [emphasis added], and  “a slower rate of climb than Americans have grown accustomed to in 2021” [emphasis added].

Additional points:

• “Prices have increased for eight straight months. But sales volume has now decreased for the past six ….
• “Most buyers paid at or above sticker price. The average non-luxury buyer paid more than $900 over MSRP ….
• “The microchip shortage, plus other supply chain challenges, will likely remain with us well into 2022 ….