2024 Car Price Trends
Is there relief in sight for buyers facing high interest rates and slim supply? The federal reserve, which had earlier this year suggested a round of cuts might be on the way before.
With used car prices remaining volatile, it’s never been more important to track the value of your car. We ask our experts on their thoughts on the complicated used car market.
In 2024’S Car Market, We’ll Take Good News Where We Can Get It.
“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.
As Canadians Enter 2024, Those Hoping To Pick Up A New Or Used Car May See Similar Prices To What Was Seen In 2023, With Automotive Experts Saying Not To Expect.
Right now, the answer is interest rates.
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Suvs Drive 19% Growth In Auto Industry.
Why are used car prices so high?
The Average Price Paid For A New Car In 2024 Is $48,000, Which Is 48% Higher Than One Decade Ago.
With affordability top of mind, nearly half of car.
