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Luxury models comprise more than 25pc of new vehicle purchases today: Cox

The average MSRP for new vehicles is close to $50,000 according to new findings by Cox Automotive. Image credit: Cox Automotive The average MSRP for new vehicles in the United States is close to $50,000, according to new findings by Cox Automotive. Image credit: Cox Automotive

 

New vehicle purchases in the United States are becoming luxury purchases by default, per new findings from Cox Automotive.