When New Car Prices Will Drop 2024

When New Car Prices Will Drop 2024. As of january 2024, the average cost of a new car in the u.s. In march 2024, the average transaction price for a new vehicle was $47,218 — a 5.4% decline from the peak in december 2022 and a 1% drop from march 2023, according to.

Here are seven models that have actually gotten cheaper in 2024. New car prices and auto loan rates are projected to fall in 2024 as market conditions improve for buyers.