It's been a strange couple of years across the board, and in the automotive industry in particular. Amidst the tight supply of new vehicles and shifting buyer interests, vehicle prices both new and used have been utterly out of control. The data for last month is now in, with the average transaction price of new vehicles hitting a record high of $45,031 in September, as Kelley Blue Book reports.Some may be shocked that the average new car in America is now sold for a mid-five-figure sum, but it's not entirely surprising to those in the industry.
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