The average cost for a new vehicle in the U.S. hits a record high: over $51,000

The average transaction price for a new vehicle in the U.S. reached over $51,000, according to Kelley Blue Book data. Some buyers have extended their car loan terms to finance purchases at the higher price point.

• NPR — The average cost for a new vehicle in the U.S. hits a record high: over $51,000

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