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The cost to buy a new car goes beyond the sticker, experts said. As average transaction prices come down, monthly payments go up. ... "So if we see a $2,000 transaction price drop from November of ...
New car prices have been falling for most of 2023, with the average new car selling for $47,936 in October, Kelley Blue Book reported. Overall, new car prices are down 1.4% since October 2022 and ...
New car prices are starting to drop, according to a recent Kelley Blue Book (KBB) report. Supply chain issues with delivery of new vehicles, the silicon chip shortage, and other problems stemming ...
The experts at CarEdge are predicting that new car prices will go down 3 to 5% ... and the 2024 model is already on the Kelley Blue Book’s Cheapest Cars of 2024-2025 list. If prices do drop ...
That same government data shows new car prices are down 0.8% from a year ago. It’s not all good news for car buyers. Interest rates for car loans are roughly four percentage points higher than ...
Overall, Shefska predicted a drop of between 3%-5% in new car prices by the end of new year — and even if MSRP remains difficult to force lower, greater incentive programs to offset this should ...