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Will car prices come down in 2024? Here’s what industry experts predict

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Vehicle Market Outlook 2024,Vehicle Prices

If you’re planning to pick up a new or used vehicle in 2024, don’t expect it to cost much less than it would have last year. During the COVID-19 pandemic, inventory became a big factor due to supply chain issues that impacted the availability of semiconductors and automotive computer chips, leading to higher prices on vehicles.

01:02 | October 23, 202402:18 | October 23, 202401:12 | October 21, 202402:16 | January 7, 202404:48 | October 23, 202402:16 | October 23, 202401:15 | October 21, 2024 And automotive experts don’t expect vehicle costs to return to

pre-pandemic levels any time soon. Kyle Benning reports. And automotive experts don’t expect vehicle costs to return to pre-pandemic levels any time soon. Kyle Benning reports.18 hours ago7 months ago1 day ago7 hours ago26 months ago

 

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