Don’t expect car prices to drop significantly anytime soon. Instead, new-vehicle prices — already at record highs — will remain elevated, automotive experts say. At the same time, used-vehicle pricing should moderate as the Federal Reserve continues raising interest rates to curb inflation. Analysts are closely tracking vehicle demand, with consumer sentiment low amid signs…
The article When Will the Car Market Return to Normal? originally appeared on NerdWallet.
https://www.nerdwallet.com/article/loans/auto-loans/when-will-the-car-market-return-to-normal
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