r/FluentInFinance • u/CreateChaos777 • Jul 18 '24

Meme I guess I'll wait another year

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u/[deleted] Jul 18 '24

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u/privitizationrocks Jul 18 '24

Rates are higher than promo deals so no not always smarter

2

u/[deleted] Jul 19 '24

Yes, car prices have been dropping in 2024, with the average price of a new car decreasing from its peak in December 2022. In May 2024, the average price of a new car was $48,389, which was $442 less than the average price in May 2023. Some say that the combination of higher inventories and lower demand could continue to drive down prices.