• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Business / Vehicle sales drop slightly in 2017, with trucks and SUV’s leading purchases

Vehicle sales drop slightly in 2017, with trucks and SUV’s leading purchases

January 12, 2018 By Matt Kelley

Iowans bought 103,357 trucks and SUVs in 2017.

Fewer Iowans bought new vehicles in 2017 compared to the previous year.

Bruce Anderson, the president of the Iowa Automobile Dealers Association says the drop was small, only  299 cars, and “it was almost an identical year to 2016.” Iowans purchased 137,702 new vehicles last year.

The most popular vehicle in Iowa remains the Chevy Silverado.”And it’s neck-and-neck with the Ford F-150,” Anderson said. “Iowans just love their trucks.” Of the new vehicles sold in Iowa last year, 34,345 were cars and 103,357 were trucks and SUVs.

“That’s a national trend that Iowa is following or maybe even leading – the conversion from driving passenger cars to driving trucks and SUVs,” Anderson said. While overall sales dipped a bit compared to 2016, the Iowans who did buy new vehicles last year tended to purchase more expensive vehicles.

“I think that’s true,” Anderson said. “Prices are competitive and dealers have great deals right now, but credit has eased a bit and you’re seeing banks and funding sources are lending…that has loosened up somewhat, so people are getting qualified and more into the cars they want and need, rather than just the ones they can afford.” For example, luxury brands like Audi and Jaguar enjoyed a sales boom in Iowa last year.

“Jaguar nearly doubled their new sale footprint. There were 84 new Jags sold in Iowa in 2016 and 163 in ’17,” Anderson said. Audi also nearly doubled its sales in Iowa. According to the records kept by Anderson’s group, Iowans bought 44 different brands of vehicles in 2017.

Share this:

  • Facebook
  • Twitter

Filed Under: Business, News Tagged With: Transportation

Featured Stories

Testing finds 21 new CWD cases in deer

It may become a crime in Iowa to use fake urine in workplace drug tests

February trending 18 degrees below average temperature

Iowa House Education Committee votes to end tenure at UI, ISU, UNI

Man convicted of two Muscatine County murders dies in prison

TwitterFacebook
Tweets by RadioIowa

Key stretch begins for #9 Iowa

Drake’s Roman Penn lost for the season

Drake’s DeVries named to Naismith watch list

State wrestling opens with limited attendance

Iowa’s Wieskamp is B1G Player of the Week

More Sports

eNews and Updates

Enter your email address:

Delivered by FeedBurner

Archives

Copyright © 2021 · Learfield News & Ag, LLC