
Vehicle Supply Building. Prices Are Going Down. Is It Time to Buy a New Car?
Published on July 7, 2024
For the first time in years, car shoppers are having an easier time finding a deal as the auto industry bounces back from supply chain woes—and experts say the outlook could get even better. Sticker prices at dealerships have started to come down and affordability is improving, said Daniel Ross, senior manager of industry insights with Canadian Black Book. “The new car market is normalizing faster than the used car market,” he said. “You have the inventory, you have the incentives depending on where you’re shopping and if you were a new car shopper from the beginning, it’s the best situation you’ve had in a long time.”...
