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The average cost for a new vehicle in the U.S. hits a record high: over $51,000 November 10, 20268:30 AM ET

Willa Rubin

Ford Motor vehicles are displayed for sale at the Leif Johnson Ford dealership on June 30 in Austin, Texas. Brandon Bell/Getty Images hide caption

Brandon Bell/Getty Images

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The average transaction cost for a new vehicle has reached a record high: $51,109. That's according to a report out today from the Kelley Blue Book, which is part of the analytics firm Cox Automotive.