Average new car price exceeds $41,000, hits record high

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Lincoln boutiques and dealerships
It has never been more expensive to buy a new car than right now, according to the latest sales forecast from J.D. Power and LMC Automotive. The average transaction price of new cars sold in July 2021 reached a record of $41,044. That beat the previous high of $39,942 set the month before. A rare confluence of factors continues to drive up new and...

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