Used Car Prices In 2024. 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. Used car prices are still falling in january but there are plenty of.
That’s not necessarily a good thing, as used car prices remain far higher than in years past. We track the prices of millions of used cars yearly.
In 2023 And 2024, It’s The Reduced Supply Of Used Cars That Ensures Prices Will Remain Elevated.
7:04 am, december 22, 2023.
Used Car Prices Rose 36% In 2021, Only To Fall 7% The Year After.
Ironically, you can blame the new car market for used car price woes.
We Track Used Car Prices Weekly Here.
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At Wholesale Car Auctions, Used Car Prices Have Dropped 9% In Two Months.
7:04 am, december 22, 2023.
Data From Financial Intelligence Firm Moody’s Analytics Shows Used Car Prices Fell 0.8 Per Cent In October, And Are Now Sitting 17.2 Per Cent Below The May 2022 Peak.
Used car prices are still falling in january but there are plenty of.
Compared To August 2022, Wholesale Used Vehicle Prices Were Down 7.7% In August 2023¹.