Will Used Car Prices Drop In 2024. Will used car prices keep dropping in 2024? Despite the decline, consumers are still paying roughly 20 percent more for used vehicles than before 2020, banks said.


Will Used Car Prices Drop In 2024

Our panel was asked whether they thought used car prices will drop in 2023 and to predict how the second hand car market might perform in 2024 too. However, that’s down from 2022’s peak north of $30,000 for a used car.

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