AM Online

New car prices fall slightly in December

The average price of new cars in the UK fell for the second month in a row in December 2010 by 0.12% or £33 from £27,522 to £27,489.

It is the fourth time prices have dipped during the past 12 months.

However, the average annual price for a new car since January 1, 2010 increased by 3.6% or £958 from £26,530 to £27,489. The underlying pace of inflation in car prices has again slowed down over the past 12 months. It rose by 9.6% between December 2008 and 2009.

The statistics, available in the DrivenData New Car Price Index, are calculated from the retail prices of every car model currently sold in the UK.

Download DrivenData’s statistics for new car prices.

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