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.

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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Source: NPR.

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