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

Nov 10, 2026 · Willa Rubin

Originally published by NPR News Read the original

The average cost for a new vehicle in the U.S. hits a record high: over $51,000
Ford Motor vehicles are displayed for sale at the Leif Johnson Ford dealership on June 30 in Austin, Texas.
Ford Motor vehicles are displayed for sale at the Leif Johnson Ford dealership on June 30 in Austin, Texas.

Vehicle transaction prices are up to a new record high, according to the Kelley Blue Book — and some buyers are extending their car loans to finance them.

(Image credit: Brandon Bell)

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