When you bought a car or truck, you bought the right one, according to a new study by the National Highway Traffic Safety Administration.
The agency says the new research, which was published Wednesday, will help the car industry “better understand the demand for vehicles and to anticipate the needs of buyers and manufacturers.”
The study found that in 2017, more than half of the 1.1 million new vehicles sold in the U.S. were bought from the automakers themselves.
That is more than the share of vehicles sold by any other major industry group, the study found.
The average car price for the top five brands was $46,766.
That was a 17% increase from the 2016 year.
The average price for a midsize SUV was $27,942, a 16% increase.
Manufacturers are using the study to help them decide whether to add incentives to their products, which the study says could be up to $50,000 a year.
It said it found that the incentives could help manufacturers keep their products affordable for consumers.
It is the latest study to show a strong correlation between car purchases and the popularity of the brand and that the market is not saturated.
In January, the National Retail Federation reported that more than 80% of American consumers are loyal to the brand, and the same is true for car dealerships.