Car Price Change In 2024
Car Price Change In 2024. 2024 new car price forecast: Moving forward in this new band of elevated prices, this first index report and subsequent versions will offer data and insight on:
Data from kelley blue book and cox automotive shows a $360, or 0.7%, decrease in the average price of a new car between september 2022 and 2023. These cars, trucks, and suvs have seen prices fall significantly when compared to last month.
This Comes Amid High Inventory Levels With.
Buyers paid 12.2 percent more for new vehicles in january 2022 than in january 2021, and the picture was even worse for used vehicles, which were up more.
With Substantial Price Movements Being Unlikely, Understanding The Nuances Of The Market Is Vital For Those.
Data from kelley blue book and cox automotive shows a $360, or 0.7%, decrease in the average price of a new car between september 2022 and 2023.
Right Now, The Answer Is Interest Rates.
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Additionally, Any Interest Rate Cut, If One Comes, Could Help Affordability.
In early 2024, used car prices are holding steady, even as new car prices drop quickly.
Data From Kelley Blue Book And Cox Automotive Shows A $360, Or 0.7%, Decrease In The Average Price Of A New Car Between September 2022 And 2023.
This comes amid high inventory levels with.