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  2. Car prices and interest rates down, but monthly ... - AOL

    www.aol.com/car-prices-interest-rates-down...

    According to Edmunds.com, the average transaction price from January through November 2024 was $47,465, a 0.8% decrease compared with $47,851 in the same period a year earlier.

  3. Looming Recession: How Car Prices Might Shift in an ... - AOL

    www.aol.com/looming-recession-car-prices-might...

    “And, when demand decreases, prices decrease as well.” Consider the Great Recession of 2008 as an example. During that time, new vehicle sales fell by almost 40%.

  4. The Car Market Just Flipped — But the Prices of These 9 ...

    www.aol.com/car-market-just-flipped-prices...

    Car buyers in the United States have finally gotten some good news thanks to a market that flipped in July 2023, bringing lower prices than earlier this year. The bad news is that plenty of...

  5. CPI: Car prices down again in August, with used vehicles down ...

    www.aol.com/finance/cpi-car-prices-down-again...

    Vehicle research and data firm Edmunds found that 3 out of 4 used car shoppers are targeting an interest rate between 0% and 5%, but 6 out of 10 car buyers who financed a used vehicle in July 2024 ...

  6. How a Trump Win in 2024 Could Impact the Cost of a Used Car - AOL

    www.aol.com/finance/trump-win-2024-could-impact...

    The effect could be similar to a change in EV regulations — prices of EVs might go down at used-car lots, while prices of gas-powered cars might go up. Tariffs

  7. Car costs - Wikipedia

    en.wikipedia.org/wiki/Car_costs

    The yearly depreciation of a car is the amount its value decreases every year. Normally a car's value is correlated with the price it has on the market, but on average a car has a depreciation around 15–20% per year. [12] [13] Depending on market conditions, cars may depreciate 10–30% the first year. [14]

  8. Trump tariffs - Wikipedia

    en.wikipedia.org/wiki/Trump_tariffs

    Trump proposed a 35% tariff on "every car, every truck and every part manufactured in Ford's Mexico plant that comes across the border". [185] Tariffs at that level would be far higher than the international norms (which are around 2.67% for the U.S. and most other advanced economies and under 10% for most developing countries). [ 186 ]

  9. Automotive industry in China - Wikipedia

    en.wikipedia.org/wiki/Automotive_industry_in_China

    With China's entry into the WTO, competition from both domestic and foreign automotive brands increased. This intense competition caused prices in the domestic automotive market to decline steadily. The annual average reduction in car prices has exceeded 8%, with a particularly notable decrease of 13.5% in 2004. [54]

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