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Once again, the Tesla Cybertruck is the best-selling vehicle costing over $100,000. Hurray. It’s quite an impressive festival considering how deeply divisive the truck is. It was part of a broader trend in July in which expensive pickup trucks drove up the average transaction price across the country.
Full-size pickups accounted for 14 percent of total U.S. sales in July, led, of course, by the Ford F-Serie ($67,000 ATP) and Chevrolet Silverado (60,000 USD ATP), according to Kelley’s Blue BookTwo trucks – the already mentioned Cybertruck (111,018 US dollars) and the GMC Hummer EV (111,242 ATP) far exceeded 100,000 US dollars per vehicle. The Cybertruck the “best-selling vehicle in the United States priced at over $100,000.” However, KBB did not disclose how many vehicles it sold, and Tesla is quite difficult to sell, so we have to take their word for it.
The Cyber trucks The average transaction price is actually dcompared to June, when it also led in vehicle sales valued at over $100,000. At that time, the ATP was at 112,696 US dollars. This news also comes at a time when Tesla has discontinued the cheaper rear-wheel drive Cybertruck for $60,990Now, the automaker will only launch the all-wheel-drive model for $99,990 and the Cyberbeast for $119,990.
These high Cybertruck Sales prices seem to be too high for Tesla (TSLA) ATP rose to $59,593 in July, an 11 percent increase from the previous year and the highest level since February 2023, according to KBB. Apart from that, the Cybertruck is not the only model responsible for this. The Model 3 and the Model Y Both have experienced a continuous price increase over the course of the year. In July Model YThe ATP of was 52,055 US dollars – an increase of five percent compared to January. That is a drop in the ocean compared to the Model 3 at $53,878. That is an astonishing increase of 30 percent from January, when the Model 3 had an ATP of $41,531. It should be noted that these prices are still below the average transaction price of $56,520 for electric vehicles in July.
In total, KBB According to the website, the ATP of all new vehicles in July was $48,401, down 0.2 percent from a year earlier. This marks the tenth month in a row that transaction prices have been lower than a year earlier, thanks to new vehicle incentives of about seven percent.
So, congratulations to the Cybertruck to continue to be a symbol of conspicuous consumption and the super-rich. We’ll see you here again next month when the CT takes the crown in August.
A version of this article originally appeared on Jalopnik.
