Will 2024 be a good time to buy a car? Here’s what to expect, auto experts say
Publishing timestamp: 2023-12-21 08:40:21
Summary
Both new and used cars have been expensive this year due to limited inventory and high borrowing costs. However, experts predict that prices may become more affordable in 2024 as the supply chain improves and interest rates decline. Incentives and discounts are expected to increase, and trade-in values may weaken, so consumers should consider taking advantage of these factors when buying a car.
Sentiment: MIXED
Keywords: personal loans, business news, ford motor co, autos, personal finance, corporate bonds, general motors co,
Source: https://www.cnbc.com/2023/12/21/should-you-buy-a-car-in-2024-what-to-expect.html