2024 Car Price Trends. Economic and industry insights reveal a growing used car market, with a focus on dealer strategies and the impact of labor costs and supply chain issues. With affordability top of mind, nearly half of car shoppers plan to spend.
The price of used vehicles has gone through more volatile movements but, in january 2024, are 20.1% higher than in january 2021. Keeping updated on the economic climate and industry trends can aid buyers and sellers in making improved decisions in the used car market.
Carmakers Including Tesla, Ford, General Motors And Stellantis.
Volatility in resale prices has been on the rise, with some segments (such as evs and luxury crossovers) depreciating much more rapidly than just a few years ago.
The Average List Price Of New Cars On Cars.com Was $49,096 In January 2024, Down From An August 2023 High Of $50,253.
The “absolute worst” of times for car buying are over.
Select A Date Range And Car Type To See Your Favorite Vehicles’ Pricing Ups And Downs.
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Punch Is One Of The Most Affordable.
Carmakers including tesla, ford, general motors and stellantis.
With Affordability Top Of Mind, Nearly Half Of Car Shoppers Plan To Spend.
A low goal for new car spending, alternatives to evs and kids want cars again.
Volatility In Resale Prices Has Been On The Rise, With Some Segments (Such As Evs And Luxury Crossovers) Depreciating Much More Rapidly Than Just A Few Years Ago.