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2025

Will Car Prices Go Down In 2024

Will Car Prices Go Down In 2024. Dive into a deep analysis on the state of the used and new car market in late 2023 and read our predictions for used car. Industry experts predict that new car prices in 2024 will likely remain elevated.


Will Car Prices Go Down In 2024

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. In 2024, the average used car listing price sits at $25,571.

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