MoneyConsumer

Actions

New car prices are slowly dropping

Posted

(KERO) — If you have had your eye on a new car, well it might be a good time to buy.

New car prices are finally coming down, although just by a little.

Analysts say cars are still mostly selling for more than manufacturers' sticker prices, but not as high as they were previously.

According to Edmunds, for the first half of the year, new car prices averaged 700 dollars over sticker price. Now that's dropped to about 230 dollars over sticker price.

Some brands are now selling for below MSRP, something that used to be the norm but was scarcely seen in the past year amid supply chain issues.



,

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

Monday

04/21/2025

Sunny

87° / 58°

1%

Tuesday

04/22/2025

Mostly Sunny

88° / 58°

0%

Wednesday

04/23/2025

Sunny

85° / 54°

0%

Thursday

04/24/2025

Partly Cloudy

79° / 53°

0%

Friday

04/25/2025

Mostly Sunny

73° / 50°

1%

Saturday

04/26/2025

Partly Cloudy

68° / 50°

9%

Sunday

04/27/2025

Mostly Sunny

71° / 52°

4%

Monday

04/28/2025

Sunny

78° / 56°

1%