Used Car Price Outlook 2024. New car prices have been falling for most of 2023, with the average new car selling for $47,936 in october, kelley blue book reported. As compared to january 2024, prices were down 0.9 percent, reports cox auto.
Interest rates are falling slowly , but significant improvements are likely later. Hybrid and ev prices remain elevated above the overall market, but the gap is narrowing.
The Average Transaction Price For An Electric Vehicle Is Now 16.7% Higher.
Used car prices rose slightly in march but remain 4% lower than they were a year ago.
Average Used Car Pricing In 2024 Will Drop In The Region Of 2.5 Per Cent A Month During 2024 In My Opinion.โ Whatโs Next For Used Ev Prices?
7 things not to do at a car dealership.
Interest Rates Are Falling Slowly , But Significant Improvements Are Likely Later.
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Auto Trends Affecting Car Prices In 2024.
Used car prices rose slightly in march but remain 4% lower than they were a year ago.
To Protect Yourself, Take Extra Care To Buy The Right Car.
The average price of a used vehicle โ $27,297 as of last month โ is down 3% from a year ago and 12% below the peak of $31,095 in april 2022.