Used Car Market Outlook 2024. The automotive industry will face another subdued year in 2024, weighed down by slow consumer spending, high interest rates and disruption to supply. The global used car market is experiencing significant growth, especially in apac.
Here are our predictions for 2024: The manheim used vehicle value index, a critical barometer in this sector, forecasts a modest 0.5% price increase by the end of 2024.
As Canadians Enter 2024, Those Hoping To Pick Up A New Or Used Car May See Similar Prices To What Was Seen In 2023, With Automotive Experts Saying Not To Expect The.
The average list price of new cars on cars.com was $49,096 in january 2024, down from an august 2023 high of $50,253.
Cox Automotive Economists Predict That 2024 Will Be Good For Car Shoppers, With Abundant Choices And A Return To Discounts.
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The Global Used Car Market Is Experiencing Significant Growth, Especially In Apac.
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Still, After 10 Months Of Falling Prices, The Increase Is Notable.
Cox automotive economists predict that 2024 will be good for car shoppers, with abundant choices and a return to discounts.
As Canadians Enter 2024, Those Hoping To Pick Up A New Or Used Car May See Similar Prices To What Was Seen In 2023, With Automotive Experts Saying Not To Expect The.
However, some used car segments are still falling faster.
