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NerdWallet
nerdwallet.com › back to nerdwallet homepage › auto loans › learn › are car prices going up or down?
Are car prices coming down? - NerdWallet
1 month ago - Car ownership costs grew at a double-digit annual rate every month from April 2021 to November 2022, according to NerdWallet's ownership index. That growth has slowed dramatically, but the most recent data shows ownership costs grew 9% in the ...
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Money
money.com › home › economy and politics › auto industry › the average price of a new car is creeping toward $50,000
New Car Prices Rise Closer to Average of $50,000 in 2022 | Money
January 10, 2024 - New car prices are rising in the U.S. According to Kelley Blue Book's latest report, the average purchase price is creeping toward $50,000.
Discussions

When will 2022 model prices go down?
"Who here can predict the future reliably" More on reddit.com
🌐 r/whatcarshouldIbuy
4
2
August 30, 2024
I bought a used car in US in 2022. Now it's price (KBB) is down by 40%. Is this normal?
Yes. You bought at the peak of the used car price inflation. More on reddit.com
🌐 r/askcarsales
167
119
October 30, 2023
Car market crash?
Dealerships make on average between 1 and 5k on cars they buy from the manufacturer. The cheaper the car, the less money they make. Dealerships try and get you on packages, add-ons, and "market adjusted" prices. Alot of dealerships have late year '23 models on the lot, along with '24 model years. Eventually they're going to have to sell them at a loss, but they're holding out as long as they can which will drive up the price of a used car. More on reddit.com
🌐 r/carbuying
379
495
April 13, 2025
When do you think car prices will go back to normal?

6-12 months. War in Ukraine and maybe much more. Rising interest rates. Rising gas prices. Less COVID cash infusions. Economy will slow down. Folks that paid $10-$20k markups will find themselves $40k upside down, many with 6+ year loans remaining. They will start defaulting and that will tank the market even more.

More on reddit.com
🌐 r/whatcarshouldIbuy
63
26
March 2, 2022
People also ask

Why is US Consumer Price Index: New Cars important to investors?
Investors monitor US Consumer Price Index: New Cars to assess economic health, inflation trends, and potential shifts in Federal Reserve policy.
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ycharts.com
ycharts.com › economic indicators › us consumer price index: new cars
US Consumer Price Index: New Cars (Monthly) - Historical Da…
What is the current US Consumer Price Index: New Cars?
The latest US Consumer Price Index: New Cars is 175.48 as of 2026-06-10 16:31:50.
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ycharts.com
ycharts.com › economic indicators › us consumer price index: new cars
US Consumer Price Index: New Cars (Monthly) - Historical Da…
When is the next US Consumer Price Index: New Cars release?
US Consumer Price Index: New Cars is typically released on a monthly basis by Bureau of Labor Statistics. The next scheduled release is on Jul 14 2026, 12:30 EDT, according to the official economic calendar.
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ycharts.com
ycharts.com › economic indicators › us consumer price index: new cars
US Consumer Price Index: New Cars (Monthly) - Historical Da…
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CarGurus
cargurus.com › home › research › price trends
Used Car Price Trends - CarGurus Pricing Index
While the used car market has generally seen price increases over the past year, our used car index has shown that prices have begun to decrease in recent months - indicating an improving buyers market. Based on price trends data from the past 90-days, used car prices in the current market are increasing.
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The Car Connection
thecarconnection.com › news
Record high new and used car prices continue in 2022
February 1, 2022 - Constrained supply, unmet demand, and high dealer markups continue to result in the unusual condition of record high new car prices, record high used car prices, and record high dealer margins fueled by truck and SUV sales. Car shoppers can expect more of the same at least through the early part of 2022.
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Kelley Blue Book
kbb.com › home › car advice › when will new car prices drop?
When Will New Car Prices Drop? - Kelley Blue Book
1 month ago - What does this mean for car shoppers? The short answer is: there’s no significant change from where we have been for most of this year. In the SUV and truck segments, prices continue to rise, and demand remains high. It can be more difficult to locate exactly what you want, especially from brands with particularly low days’ supply, and you likely won’t be driving any hard bargains on these vehicles.
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YCharts
ycharts.com › economic indicators › us consumer price index: new cars
US Consumer Price Index: New Cars (Monthly) - Historical Da…
June 10, 2026 - View monthly updates and historical trends for US Consumer Price Index: New Cars. Source: Bureau of Labor Statistics. Track economic data with YCharts ana…
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Financial Samurai
financialsamurai.com › home › blog › the average new car price is unbelievably high
The Average New Car Price Is Unbelievably High
October 15, 2025 - Starting in 2014, notice how the ... inflation. In 2021 and 2022, the industry saw an even bigger increase in average new car prices due to a decline in public transportation and supply shortages....
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The Zebra
thezebra.com › the zebra › resource center › driving › average car price is at an all-time high of $47,000 going into 2022
Average car price is at an all-time high of $47,000 going into 2022 | The Zebra
April 19, 2024 - Since peaking in December 2021, average new car prices began to drop slightly to about $46,000 in January and February 2022. Unfortunately, it’s unlikely that car prices will drop significantly this year due to the effects still felt by the ...
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Cross-sell
blog.cross-sell.com › blog › vehicle-price-trends-2022
Vehicle Price Trends 2022: The Post-Pandemic Used Car Market
May 9, 2022 - A compact SUV ranged from 8% to 10%, and a mid-sized car ranged from 8% to 13%. Clearly, it all comes down to the data for each model sold in Harris County that year. If you’d priced your used vehicles without knowing that a Ford F-150 saw ...
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CarEdge
caredge.com › home › new car prices climb to new records in june. are car prices going down in july?
New Car Prices Climb to New Records in June. Are Car Prices Going Down in July?
April 20, 2023 - Six months ago, the average new vehicle transaction price reached $47,202. In June of 2022, the average transaction price (ATP) soared to $48,043, according to Kelley Blue Book’s data.
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Cox Automotive
coxautoinc.com › home › insights › new-vehicle prices end 2022 at record high
New-Vehicle Prices End 2022 at Record High - Cox Automotive Inc.
August 30, 2023 - GM’s cash cow, Chevrolet, saw ... 0.4%. Other luxury brands saw price increases in 2022 – BMW was up nearly 10%, Genesis was up 4% and Mercedes was up 2%. The Outlook: Tesla price cuts put downward pressure on overall ...
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PR Newswire
prnewswire.com › news-releases › with-more-new-cars-available-new-and-used-vehicle-prices-are-coming-down-zerosum-market-first-report-september-2022-301633177.html
With More New Cars Available, New and Used Vehicle Prices are Coming Down: ZeroSum Market First Report September 2022
September 26, 2022 - ... ZeroSum predicts that by the end of September, new vehicle inventory will be up 16.69% from the start of August while used vehicle inventory will be down 1.15%. New car prices fell 0.97% in September to an average of $47,961 while used car ...
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Bumble Auto
bumbleauto.com › blog › 2022-used-car-market-in-a-glance
2022 Used Car Market in a Glance | Bumble Auto
October 19, 2023 - Prices of both new and old cars will continue to soar and there is no low price indication yet. Car dealers predict that these high trends in car prices will continue throughout the year. Prices may decline by the end of the year 2022.
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CarEdge
caredge.com › guides › car buying › new car price trends in 2025: average selling prices hold near record highs
New Car Price Trends in 2025: Prices Remain Near Records - CarEdge
July 29, 2025 - In 2025, the new car prices remain within a few percent of 2022’s all-time record highs. This stability comes after a year of slow but steady price drops, followed by a jump in prices in late 2024. As new car price trends prove tough to forecast, keeping an eye on the market’s subtle movements ...
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CBS News
cbsnews.com › moneywatch › inflation is driving up car prices. tips for buying in 2022
Inflation is driving up car prices. 6 tips for buying in 2022 - CBS News
January 13, 2022 - But this, in turn, caused its own shortage and record-high prices. Edmunds analysts predict that in the coming year, the average used vehicle price will surpass the $30,000 mark for the first time.
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Kelley Blue Book
kbb.com › home › car advice › is now the time to buy, sell, or trade in a car?
Is Now the Time to Buy, Sell, or Trade in a Car? - Kelley Blue Book
3 weeks ago - Recent research from Kelley Blue Book parent company Cox Automotive shows that 76% of car shoppers say gas prices are influencing the type of vehicle they’ll consider. Shopping for hybrids on KBB.com has jumped 25% compared to the fourth quarter of last year. Electric vehicle (EV) shopping is up 20%. We’ll explain what to expect when buying a new or used car, or selling or trading one in, and why it might make sense to act quickly.
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Tamu
perc.tamu.edu › blog › 2024 › 02 › price-trends-for-cars.html
Price Trends for New and Used Cars
February 20, 2024 - The price change from December 2021 to December 2022 for new cars was an increase of 5.8% but used cars prices fell by 8.8%. For comparison, the overall price level (the CPI) increased by 6.4%. Car prices continued their upward trend, but slowed, ...
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J.P. Morgan
jpmorgan.com › insights › global research › autos › inflation and the auto industry: when will car prices drop?
Inflation and the auto industry: When will car prices drop?
August 22, 2022 - In this report, J.P. Morgan Research examines why car prices are rising, how inflation is impacting car sales trends and when car prices are expected to drop. ... Car prices rose dramatically in 2022 as a result of global supply chain issues, ...
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Experian
experian.com › home › loans › auto loans › the average car price is nearing all-time high
The Average Car Price Is Nearing All-Time High
May 11, 2025 - New car prices have come down in the past few months, but almost reached a record high in December. According to Kelley Blue Book, the average new car price was $49,740, which was just below the all-time high of $49,958 recorded in December 2022.
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Car and Driver
caranddriver.com › home › news › new car price keeps climbing, with average now at almost $47,100
New Car Price Keeps Climbing, with Average Now at Almost $47,100
January 12, 2022 - The average price rose just under ... of rate of increase that gets you to new car prices hitting $47,077 in December after they climbed to $46,329 in November....