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KBB: New-Auto Prices Up for 5th Straight Month

KBB: New-Auto Prices Up for 5th Straight Month

The average price paid for a new vehicle in the U.S. in August topped July’s record and kept the average transaction price solidly above $48,000, according to Kelley Blue Book. The Cox Automotive company said its new-vehicle ATP increased to $48,301 in August, beating the previous high of $48,080 set in the prior month.