Fanny Jehanna

Will The Car Prices Drop 2025. As new car production increases, the demand for used vehicles could decline, causing prices to drop. The way we see it, though trends seem to indicate that prices will go up, there are two potential scenarios for us to consider.

New car prices have held steady for more than a year, but they remain $10,000 higher than 5 years ago, before the pandemic. The $7,500 ev tax credit may end soon, urging buyers to act.