New Car Prices Dropping at Logan Shaw blog

New Car Prices Dropping. After average car prices hit record highs as recently as last summer, some analysts now predict that an oversupply of vehicles will. In june 2023, the average new car buyer paid $46,229, but that price declined to $44,857 in june 2024, a 3% drop. According to edmunds data, the average transaction price (atp) for a new car in august 2024 was $47,476, and atps have been hovering around the $47k mark since the beginning of the year. Dealerships are taking their foot off the gas on new vehicle prices. Some welcome news for potential car buyers: 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. With incentives increasing and interest rates dropping, the conditions are ripe for prices to start coming down. New car prices are falling but the impact remains isolated to specific brands, according to new data from cars commerce.


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With incentives increasing and interest rates dropping, the conditions are ripe for prices to start coming down. Dealerships are taking their foot off the gas on new vehicle prices. Some welcome news for potential car buyers: According to edmunds data, the average transaction price (atp) for a new car in august 2024 was $47,476, and atps have been hovering around the $47k mark since the beginning of the year. 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. In june 2023, the average new car buyer paid $46,229, but that price declined to $44,857 in june 2024, a 3% drop. After average car prices hit record highs as recently as last summer, some analysts now predict that an oversupply of vehicles will. New car prices are falling but the impact remains isolated to specific brands, according to new data from cars commerce.

New Car Prices Dropping According to edmunds data, the average transaction price (atp) for a new car in august 2024 was $47,476, and atps have been hovering around the $47k mark since the beginning of the year. 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. After average car prices hit record highs as recently as last summer, some analysts now predict that an oversupply of vehicles will. In june 2023, the average new car buyer paid $46,229, but that price declined to $44,857 in june 2024, a 3% drop. With incentives increasing and interest rates dropping, the conditions are ripe for prices to start coming down. Some welcome news for potential car buyers: New car prices are falling but the impact remains isolated to specific brands, according to new data from cars commerce. According to edmunds data, the average transaction price (atp) for a new car in august 2024 was $47,476, and atps have been hovering around the $47k mark since the beginning of the year. Dealerships are taking their foot off the gas on new vehicle prices.

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