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“Last month, the average price for a new vehicle was [$47,936] — a [1.4%] dip from last year, according to the latest KBB data. This suggests that new car prices might drop in 2024.”
Call it the car buyer's dilemma: Consumers increasingly want big vehicles, but at smaller-car price tags, experts said, creating a true contridication for carmakers. According to data from car ...
In May 2023, new vehicles cost 4.7% more than they did the previous year, according to government data. That same government data shows new car prices are down 0.8% from a year ago.
As of September 2024, the average transaction price (ATP) of a new car was $48,397. A year prior, it was $48,615. Here are six vehicles projected to potentially decrease in value by the end of 2025.
Recall that in December, new vehicle prices were up 5.9% for 2023 (though the gains were smaller at the end of the year), and used prices were down 8.8% year over year. ... 2024, in San Marcos ...
The bad news is, the average transaction price of a new vehicle in September was still a very hefty $47,899, according to Cox subsidiary Kelley Blue Book. ... 2024 Buick Encore GX. Starting MSRP ...
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 average price paid for a new, non-luxury vehicle in July was $44,700, according to Kelley Blue Book. That was up 0.5% from the previous year but $471 lower than the previous month.
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