USA: Average manufacturer incentive rises 24.2% year on year in July
Edmunds.com said that the average manufacturer incentive per vehicle sold in the United States was $US2,668 in July 2003, up $519 or 24.2% from July 2002 and up 1.7% from June 2003. Industry average days-to-turn, which measures how many days on average it takes to sell a vehicle after it hits the dealer's lot, reached a record level in July at 73 days, up significantly from last July's average of 60 days.
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