Average Transaction Price for New Vehicles Hits Record $45,844 in June, as Consumer Still Pay No-Matter-What, amid Inventory Shortages, Record Per-Unit Gross Profits at Dealers

by Wolf Richter, Wolf Street: And despite the surge in interest rates for auto loans. The average transaction price (ATP) of new vehicles sold by dealers to retail customers in June hit a new breath-taking record high of $45,844, up by 14.5% from a year ago, and beating the prior record set in May, according […]