Will New Car Prices Drop In 2024. Looking to 2025, car prices will likely continue to exceed overall inflation rates; Cox automotive, a leading automotive research firm, forecasts a 4.3% increase in new car sales in 2024.

In september 2023, prices were 3.4% lower than at the beginning of the year. From these lists, we determined segment median prices as well as median prices by trim, recorded as of january 2024: