If it seems like your parents and grandparents were buying cars for a steal back in their day, well you might be right, although it's hard to compare historical prices without accounting for.
If you're thinking about buying a new car in 2024, there's a good chance you're considering an EV. Electric vehicles were once considered too expensive for the average driver, but increased.
Depending on where you live, it's possible you might be paying more money to purchase a used car. Read More: 6 Cars That Seem Expensive but Rarely Need RepairsFind Out: 7 Unusual Ways To Make Extra.
If you have your heart set on buying a brand-new car, buying a used car can be unappealing. But the cost savings might just persuade you to give the slightly used version a shot. Cars depreciate in.
Overall, used car prices are down an average of 3.6% from this time last year, but some car models have gotten more expensive despite the downward trend. These cars are largely premium and performance.