Will The Used Car Market Crash 2024. When 2024 started, the used car market also witnessed some decreases. When will the used car market bounce back?
Morgan research predicts used car prices will decline by roughly 10% in 2023. To get a sense of where used car prices are headed in 2024, we can look at the best leading indicator that we have:
Morgan Research Predicts Used Car Prices Will Decline By Roughly 10% In 2023.
The caveat is that if you’re in the used ev market, prices have fallen rapidly in 2024,.
Will 2024 Be A Good Time To Buy A Car?
Used car prices are likely to keep falling all year long throughout 2024, with used ev prices falling further and faster than petrol cars, particularly in the second half.
So Far In 2024, We’ve Seen 15 Weeks Of Dropping Prices, And 8 Weeks Of Rising Prices.
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Morgan Research Predicts Used Car Prices Will Decline By Roughly 10% In 2023.
So far in 2024, we’ve seen 15 weeks of dropping prices, and 8 weeks of rising prices.
Dealerships Worldwide Are Inundated With.
Is the used car market still going down?