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Consumer demand shifts to vehicles under $50K

August ATP ticked up to $47,941

Riley Wolfbauer

New-vehicle average transaction prices ticked up in August after falling slightly in July as new vehicles listed over $50,000 are sitting longer on dealer lots than a year ago.  The average new-vehicle transaction price came in at $47,941 in August, an increase of 0.8% month over month and 1.6% year over year, according to Edmunds. […]

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