Will Car Supply Get Better In 2024. Based on those assessments, it looks like new cars will be in short supply well into 2024, and the number of used cars on the market could lag behind demand at. For new car buyers, the time is ripe to leverage high.
For new car buyers, the time is ripe to leverage high. However, increasing supply and growing dealer incentives are beginning to ease price pressures, offering some relief in a rising rate environment.
Additionally, Any Interest Rate Cut, If One Comes, Could Help.
This has been worsened by new car demand increasing across all markets.
New Cars Are More Expensive Than Ever Before By Every Measure.
Cox automotive, a research and consulting firm, forecasts that the supply of.
Cox Automotive Chief Economist Jonathan Smoke Says 2024 Will Be The Best Year For Consumers To Buy A New Car Since Before The Pandemic, As New Vehicle.
Images References :
What We Found Was Shocking.
Much of the problem is simple supply and demand.
We Almost Forgot What That Feels Like, But Our Data Show 2024 Could Shape Up To Be A Buyer’s Market Provided You’re Looking To Buy New.
Cox automotive economists predict that 2024 will be good for car shoppers, with abundant choices and a return to discounts.