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Car buyers in 2016 paid an average of $34,077, a record high

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Money and car keysDid you buy a new car this year? If you answered "yes", chances are good that you paid around $34,077 for it, when all was said and done. That figure is the average transaction price for new cars sold in 2016, and it marks an all-time high according to Edmunds.com. In worse news for shoppers, the upward trend shows no sign of slowing. Average...

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