New car prices have been falling for most of 2023, with the average new car selling for $47,936 in October, Kelley Blue Book reported. Overall, new car prices are down 1.4% since October 2022 and 3.5% since their peak in December 2022.
Learn More: Avoid Buying These 5 Cars: Get These Similar (and Often Cheaper) Models Instead
Read Next: Owe Money to the IRS? Most People Don’t Realize They Should Do This One Thing
Will this downward trend continue…
Comments are closed