Average transaction price for a new vehicle surges over $46,000
(November 12, 2021) IRVINE, Calif. — New-vehicle prices jumped up for a seventh straight month and hit another all-time high in October, surpassing $46,000 for the first time, according to a new report from Kelley Blue Book. At $46,036, the average transaction price (ATP) for a new vehicle was up 12.9% (or $5,266) from one year ago in October 2020 and up 2.0% (or $910) from September 2021.