Will New Car Prices Drop In 2024. After looking at statistics from 2023 in addition to 2024โs predicted forecast, the information indicated that 2024 may be a good year to purchase your next car due. In 2023, car prices were expected to decline by about 2.5% to 5% for new cars and approximately 10% for used cars.
As the data here shows, only two mainstream oems have rising selling prices in 2024. In 2021, experts stated that car prices wouldnโt come down until 2024, while late last year, we heard that prices could go down before the end of 2023.
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