New Car Prices Dropping 2024
New Car Prices Dropping 2024 . New car prices increased slightly from august. In march 2024, the average transaction price for a new vehicle was $47,218 — a 5.4% decline from the peak in december 2022 and a 1% drop from march 2023, according to.
That’s down 3% from the peak of $49,929 in december 2022. According to edmunds data, the average transaction price (atp) for a new car in august 2024 was $47,476, and atps have been hovering around the $47k mark since the beginning of the year.
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Car Market Forecast Will Car Prices Drop In 2024? , New car prices increased slightly from august.
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Will New Car Prices Drop In 2024 Bill Susann , New data from cox automotive confirms that new car prices are dropping this spring, a trend that’s likely to continue into summer.