Car Market Crash 2024. This suggests that new car prices might drop in 2024.” one. The combination of high new car prices, volatile used car values, and cautious dealership inventory strategies makes finding a good deal on a used car more challenging than usual.
So far in 2024, we’ve seen 21 weeks of dropping prices, and 8 weeks of rising prices. Will used car prices rise in 2024?
How The Other Carfax Used Car Index Segments Are Faring:
“last month, the average price for a new vehicle was [$47,936] — a [1.4%] dip from last year, according to the latest kbb data.
Read Full Budget 2024 Coverage.
Luxury cars dropped another $200 since last month.
Car Market Crash 2024 Images References :
The Chinese Market Contracted Slightly, With The Premium And Luxury Segments In China Remaining Weak.
Will 2024 see a crash?
Car Prices Rose Dramatically In 2022 As A Result Of Global Supply Chain Issues, With A Persistent Chip Shortage Holding Up Production In The Auto Industry.