csrcsr Posted October 31, 2022 Report Posted October 31, 2022 Car prices are decelerating... slowly Share By Theunis Bates, Editor at LinkedIn News Updated 1 hour ago 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. Industry analysts caution that it will be a long time before car prices return to pre-pandemic levels. Automakers don’t want to return to the days of excess inventory and big discounts, and the dropoff in new leases signed since 2020 has shrunk a key source of used vehicles. 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 Quote
Hitman Posted October 31, 2022 Report Posted October 31, 2022 6 minutes ago, dasari4kntr said: us made or foreign made..? అన్నీ వస్తయి just little time Quote
AndhraneedSCS Posted October 31, 2022 Report Posted October 31, 2022 22 minutes ago, csrcsr said: Car prices are decelerating... slowly Share By Theunis Bates, Editor at LinkedIn News Updated 1 hour ago 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. Industry analysts caution that it will be a long time before car prices return to pre-pandemic levels. Automakers don’t want to return to the days of excess inventory and big discounts, and the dropoff in new leases signed since 2020 has shrunk a key source of used vehicles. 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. Quote
yemdoing Posted October 31, 2022 Report Posted October 31, 2022 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. 2 Quote
AndhraneedSCS Posted October 31, 2022 Report Posted October 31, 2022 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 Quote
yemdoing Posted October 31, 2022 Report Posted October 31, 2022 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. Quote
dasari4kntr Posted October 31, 2022 Report Posted October 31, 2022 11 minutes ago, Hitman said: 18 minutes ago, dasari4kntr said: us made or foreign made..? అన్నీ వస్తయి just little time Sales.... Imports... 1 Quote
perugu_vada Posted November 1, 2022 Report Posted November 1, 2022 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 Quote
mettastar Posted November 1, 2022 Report Posted November 1, 2022 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 .. $1300 markup anta Quote
Original Profile Posted November 1, 2022 Report Posted November 1, 2022 Nenu car konnano ledo….car prices going down ani news…chi jeevitham 2 Quote
csrcsr Posted November 1, 2022 Author Report Posted November 1, 2022 6 minutes ago, Original Profile said: Nenu car konnano ledo….car prices going down ani news…chi jeevitham just a little bit anadu bro chill enjoy the car Quote
megadheera Posted November 1, 2022 Report Posted November 1, 2022 8 hours ago, perugu_vada said: Ivala Audi Q5 PHEV ki quote adigithe 2,500$ 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 Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.