Will Vehicle Prices Go Down In 2024. While many experts in the automotive industry. 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.
Still, the average number of new car transactions was about 17% higher than the same. Not everyone agrees used car prices are going up in 2024, though.
Should You Sell Your Car.
Considering all the trends affecting the automotive industry today, the prices of many models may remain relatively flat or begin.
As The Data Here Shows, Only Two Mainstream Oems Have Rising Selling Prices In 2024.
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Here's What Caredge's Ray Shefska Predicts For The New Year.
Or will prices soar as labor costs and evs hurt affordability?
The Auto Industry Is Navigating A Technological Overhaul.