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Car prices are decelerating... slowly

csrcsr

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csrcsr LEGEND

csrcsr

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Car prices are decelerating... slowly

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New and used car prices are finally starting to cool — but only slightly. The average price paid for a new car or truck in October was about $45,600, down from a record $46,173 in July. Improved inventory is helping buyers at dealership lots, but new auto prices are still 33% higher than before the pandemic. Meanwhile, the average used car sold for $31,000 last month, down about 1% from a May peak.

 

 

 

https://www.linkedin.com/posts/activity-6992593483723145216--yDJ?utm_source=share&utm_medium=member_desktop

 

https://www.linkedin.com/posts/activity-6992879988479815680-LNer?utm_source=share&utm_medium=member_desktop

 

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AndhraneedSCS Celebrity

AndhraneedSCS

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22 minutes ago, csrcsr said:

Car prices are decelerating... slowly

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New and used car prices are finally starting to cool — but only slightly. The average price paid for a new car or truck in October was about $45,600, down from a record $46,173 in July. Improved inventory is helping buyers at dealership lots, but new auto prices are still 33% higher than before the pandemic. Meanwhile, the average used car sold for $31,000 last month, down about 1% from a May peak.

 

 

 

https://www.linkedin.com/posts/activity-6992593483723145216--yDJ?utm_source=share&utm_medium=member_desktop

 

https://www.linkedin.com/posts/activity-6992879988479815680-LNer?utm_source=share&utm_medium=member_desktop

 

These so called automakers artificially keeping the inventory low will go out of business one day as their competitors will capture market share.

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yemdoing Celebrity

yemdoing

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59 minutes ago, AndhraneedSCS said:

These so called automakers artificially keeping the inventory low will go out of business one day as their competitors will capture market share.

it's all a syndicate... they are smart , unless all are onboard they won't keep inventory low. If one rebels then all will suffocate him.

I thought you are smart.

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AndhraneedSCS Celebrity

AndhraneedSCS

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4 minutes ago, yemdoing said:

it's all a syndicate... they are smart , unless all are onboard they won't keep inventory low. If one rebels then all will suffocate him.

I thought you are smart.

The Rebel is Tesla. Probably Rivian and Lucid follow once they can resolve their production issues 

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yemdoing Celebrity

yemdoing

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58 minutes ago, AndhraneedSCS said:

The Rebel is Tesla. Probably Rivian and Lucid follow once they can resolve their production issues 

agreed. they are in different category.

2nd car battery car kontunnaru janalu. primary car is not battery car yet.

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mettastar LEGEND

mettastar

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20 minutes ago, perugu_vada said:

Ivala Audi Q5 PHEV ki quote adigithe 2,500$ mark up price annadu

there seems to markup price still on PHEV and ev’s .. gasoline ki Kia vadu okkade adugutunadu 

Kia Niro hybrid ela untadi vuncle second car kinda .. $1300 markup anta

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megadheera Celebrity

megadheera

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8 hours ago, perugu_vada said:

Ivala Audi Q5 PHEV ki quote adigithe 2,500$ mark up price annadu

there seems to markup price still on PHEV and ev’s .. gasoline ki Kia vadu okkade adugutunadu 

Monna Benz showroom lo wagon G63 sticker chuste mind block aindi. 205K base and dealer mark up 80K anta

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