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New car prices are starting to drop, according to a recent Kelley Blue Book (KBB) report. Supply chain issues with delivery of new vehicles, the silicon chip shortage, and other problems stemming ...
Overall, Shefska predicted a drop of between 3%-5% in new car prices by the end of new year — and even if MSRP remains difficult to force lower, greater incentive programs to offset this should ...
As automakers suspended production during COVID-19, shipping lanes became clogged, and semiconductors were in short supply. ... That same government data shows new car prices are down 0.8% from a ...
The average price of a new car has climbed steadily over the past couple of years. Due to supply chain issues during the pandemic, car prices went up -- and never really stopped. See: 25 Sneaky Car...
For the past few years, car prices have been historically high. But if you are in the market for a new car, this fall might be a great time to buy. Explore More: The 20 Cars Seeing the Biggest ...
The U.S. car market has shifted into lower gear in only a matter of months. After average car prices hit record highs as recently as last summer, some analysts now predict that an oversupply of ...
New car prices fell 0.2% in July and 1.4% from the prior year. Compared to their peak in February 2022, prices paid for used vehicles are now down 19.4%. Used car prices rose more than 40% ...
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