Record September for US New-Vehicle Spending at $45,622

US September Sales Forecast – courtesy of and copyright J.D. Power

Ken Zino of AutoInformed.com on Record September for US New-Vehicle Spending at $45,622

The buyers are not acting like the Federal Reserve. Click to Enlarge.

While there is a great deal of fretting about the Federal Reserve’s monetary tightening, during September, new-vehicle prices remain at the highest levels, with the average transaction price expected to reach $45,622 – a record for September. This is a 6.3% increase from a year ago and the fourth highest of any month on record.

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