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New-vehicle prices fall for first time in 5 months

Average transaction price was $48,094 in September

Riley Wolfbauer

Average new-vehicle transaction prices dropped for the first time in five months in September after reaching record highs in August as elevated interest rates pushed consumers out of the market.  The average transaction price (ATP) for new vehicles declined 0.3% month over month to $48,094 in September but is still up 6.1% year over year, […]

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