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Average cost of new car tops $50,000 in US for first time ever

Average cost of new car tops $50,000 in US for first time ever

New car buyers can expect to shell out an average of more than $50,000 for the first time, according to a report from Kelley Blue Book. The average price customers paid for a new vehicle in the US was $50,080 in September, a reflection in part of the steadily rising prices in the wake of automotive tariffs. CNN's Matt Egan reports. #CNN #News

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