How Much Will Used Car Prices Drop In 2024

Blake Chickie2024 How Much Will Used Car Prices Drop In 2024
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How Much Will Used Car Prices Drop In 2024. The prices of new and used cars are normalizing, but sales have flatlined, bank of america says. At the end of 2023, the average price of a used car was $28,371, 4.4% less than the average a year earlier⁵.


How Much Will Used Car Prices Drop In 2024

Average transaction prices, which climbed throughout the last several years, began dropping in 2024 but have continued to fluctuate since the beginning of this year. Are used car prices dropping?

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