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Have New Car Prices Finally Hit A Ceiling After Years Of Increases?

The average transaction price of a new vehicle sold in the U.S. last month was $48,451, just $42 higher than in August 2022

Tesla Prices Dramatically Higher Than Industry Average Transaction Prices

Despite the Tesla advocacy media’s claim to the opposite, Tesla’s average transaction prices are much higher than the overall auto industry average transaction price, and Tesla’s Model 3 is dramatically higher in entry price than average midsize sedans. Tesla’s average transaction price is also higher than the average transaction price for electric vehicles overall.

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