Will Car Prices Go Down In 2024

Will Car Prices Go Down In 2024. Find out what our economists say about car prices dropping. Which segments of new cars are experiencing price drops, and which are seeing a rise?

In 2021, experts stated that car prices wouldn’t come down until 2024, while late last year, we heard that prices could go down before the end of 2023. All signs point to the economy avoiding a recession, interest rates coming down and new vehicle supply improving, meaning car buyers will find deals.