Average new car prices surpass $50,000 for the first time in history.

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The average transaction price of a new vehicle crossed a major threshold in September, climbing beyond $50,000 for the first time. Buyers paid an average of $50,080 last month, marking a new high in the cost of getting behind the wheel.

That’s an astonishing figure and Kelly Blue Book (KBB) noted “new-vehicle prices have risen steadily for more than a year, with the pace of the increases accelerating in recent months.” Speaking of which, the average transaction price jumped 2.1% from August and 3.6% from a year ago.

https://www.carscoops.com/2025/10/average-transaction-price-tops-50000-for-the-first-time/

According to Kelley Blue Book, the average new car transaction price in September 2025 was $50,080. Median data isn’t directly reported, but the rise is driven by more luxury and EV sales. For a fixed lineup, the CPI for new vehicles shows about a 3.9% year-over-year increase. -Grok