New vehicle average price soars to more than $45,000 in September

An average price that’s nearly $6,500 higher than a year ago could be affecting affordability for the average shopper.

Auto industry professionals continue to wonder, just how high will new prices rise before hitting a ceiling? The answer to that question did not come in September. Kelley Blue Book is reporting that the average new car price rose for the sixth consecutive month, each one setting a record. September’s average broke past $45,000 for […]
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