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Car prices aren’t just falling at Rosenberg’s lots. New vehicle prices in May were down nearly 1% from a year ago, representing the eighth month in a row that prices have dropped, according to ...
Although new vehicle prices are still higher than they were a year ago, the average prices have only increased by 1.6% over the past 12 months. This is a stark contrast to the situation a year ago ...
Transportation once came with relatively basic costs. Not anymore: the average price of a new car in the U.S. has skyrocketed to $50,000 — just $9,000 less than the average annual salary ...
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. Overall, new car prices are down 1.4% since October 2022 and ...
According to Kiplinger, new cars are currently being sold at 97% of the list price, on average, instead of the 102% that they were being sold at in 2022. Used car prices are also down 23% from ...
At that time, average transaction prices for new vehicles were $38,259,” KBB’s Renee Valdes wrote, underscoring the price gulf that had emerged between 2019’s prices and those closing out 2024.
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 ...
The recent dip in auto prices in the United States might have you ready to hit the nearest car lot, but be advised: You might still have to pay extra for the vehicle you want. See: 9 Bills You ...
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