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Average U.S. New Car Price Exceeds $50,000 for First Time

Kelley Blue Book reports a historic milestone as the average price of a new vehicle in the U.S. surpasses $50,000.

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Terms & Concepts
  • Kelley Blue Book: A trusted automotive valuation and research company that provides data on vehicle prices, trends, and market analysis.
  • Average Transaction Price (ATP): The average price customers pay for a new vehicle, factoring in all incentives, fees, and options.