Wednesday, March 29

Tag: new car prices

What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ
Automobile

What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ

Rapidly rising interest rates have made monthly car payments more expensive for many buyers. At Adam Lee’s Jeep dealership, customers are seeing something they haven’t in years: lots of new cars. But while supply is returning, higher interest rates are hitting demand and sparking concerns that 2023 could be another turbulent year for the car industry. Photo Illustration: Adam Falk 0:00 Will 2023 be a boom or bust year for the car industry? 0:57 What rising car inventories could mean for the auto market 2:42 Why many vehicle prices aren’t exactly reasonable right now 4:25 What factors this year will affect car demand? 5:35 How 2023 could actually be a 'sweet-spot' year for the industry #Car #SupplyChain #WSJ
What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ
Automobile

What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ

Rapidly rising interest rates have made monthly car payments more expensive for many buyers. At Adam Lee’s Jeep dealership, customers are seeing something they haven’t in years: lots of new cars. But while supply is returning, higher interest rates are hitting demand and sparking concerns that 2023 could be another turbulent year for the car industry. Photo Illustration: Adam Falk 0:00 Will 2023 be a boom or bust year for the car industry? 0:57 What rising car inventories could mean for the auto market 2:42 Why many vehicle prices aren’t exactly reasonable right now 4:25 What factors this year will affect car demand? 5:35 How 2023 could actually be a 'sweet-spot' year for the industry #Car #SupplyChain #WSJ
What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ
Automobile

What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ

Rapidly rising interest rates have made monthly car payments more expensive for many buyers. At Adam Lee’s Jeep dealership, customers are seeing something they haven’t in years: lots of new cars. But while supply is returning, higher interest rates are hitting demand and sparking concerns that 2023 could be another turbulent year for the car industry. Photo Illustration: Adam Falk 0:00 Will 2023 be a boom or bust year for the car industry? 0:57 What rising car inventories could mean for the auto market 2:42 Why many vehicle prices aren’t exactly reasonable right now 4:25 What factors this year will affect car demand? 5:35 How 2023 could actually be a 'sweet-spot' year for the industry #Car #SupplyChain #WSJ
What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ
Automobile

What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ

Rapidly rising interest rates have made monthly car payments more expensive for many buyers. At Adam Lee’s Jeep dealership, customers are seeing something they haven’t in years: lots of new cars. But while supply is returning, higher interest rates are hitting demand and sparking concerns that 2023 could be another turbulent year for the car industry. Photo Illustration: Adam Falk 0:00 Will 2023 be a boom or bust year for the car industry? 0:57 What rising car inventories could mean for the auto market 2:42 Why many vehicle prices aren’t exactly reasonable right now 4:25 What factors this year will affect car demand? 5:35 How 2023 could actually be a 'sweet-spot' year for the industry #Car #SupplyChain #WSJ
What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ
Automobile

What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ

Rapidly rising interest rates have made monthly car payments more expensive for many buyers. At Adam Lee’s Jeep dealership, customers are seeing something they haven’t in years: lots of new cars. But while supply is returning, higher interest rates are hitting demand and sparking concerns that 2023 could be another turbulent year for the car industry. Photo Illustration: Adam Falk 0:00 Will 2023 be a boom or bust year for the car industry? 0:57 What rising car inventories could mean for the auto market 2:42 Why many vehicle prices aren’t exactly reasonable right now 4:25 What factors this year will affect car demand? 5:35 How 2023 could actually be a 'sweet-spot' year for the industry #Car #SupplyChain #WSJ
What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ
Automobile

What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ

Rapidly rising interest rates have made monthly car payments more expensive for many buyers. At Adam Lee’s Jeep dealership, customers are seeing something they haven’t in years: lots of new cars. But while supply is returning, higher interest rates are hitting demand and sparking concerns that 2023 could be another turbulent year for the car industry. Photo Illustration: Adam Falk 0:00 Will 2023 be a boom or bust year for the car industry? 0:57 What rising car inventories could mean for the auto market 2:42 Why many vehicle prices aren’t exactly reasonable right now 4:25 What factors this year will affect car demand? 5:35 How 2023 could actually be a 'sweet-spot' year for the industry #Car #SupplyChain #WSJ
What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ
Automobile

What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ

Rapidly rising interest rates have made monthly car payments more expensive for many buyers. At Adam Lee’s Jeep dealership, customers are seeing something they haven’t in years: lots of new cars. But while supply is returning, higher interest rates are hitting demand and sparking concerns that 2023 could be another turbulent year for the car industry. Photo Illustration: Adam Falk 0:00 Will 2023 be a boom or bust year for the car industry? 0:57 What rising car inventories could mean for the auto market 2:42 Why many vehicle prices aren’t exactly reasonable right now 4:25 What factors this year will affect car demand? 5:35 How 2023 could actually be a 'sweet-spot' year for the industry #Car #SupplyChain #WSJ
What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ
Automobile

What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ

Rapidly rising interest rates have made monthly car payments more expensive for many buyers. At Adam Lee’s Jeep dealership, customers are seeing something they haven’t in years: lots of new cars. But while supply is returning, higher interest rates are hitting demand and sparking concerns that 2023 could be another turbulent year for the car industry. Photo Illustration: Adam Falk 0:00 Will 2023 be a boom or bust year for the car industry? 0:57 What rising car inventories could mean for the auto market 2:42 Why many vehicle prices aren’t exactly reasonable right now 4:25 What factors this year will affect car demand? 5:35 How 2023 could actually be a 'sweet-spot' year for the industry #Car #SupplyChain #WSJ
Car Market Collapse What That Means for Americans
Automobile

Car Market Collapse What That Means for Americans

When supplies rose and demand fell, used automobile prices dropped the most in history. Some major carmakers are cutting prices by almost $10,000 as sales plummet! Millions of car buyers are underwater, panicking lenders. The situation is dire. The average used car in America costs $29,533, down from the record high of $31,095 in April 2022 but still 45% higher than in 2019. Used car prices rose roughly 70% between 2020 and 2022, and despite strong falls since December, there's more negative ahead. Although used automobile costs have skyrocketed, Americans should expect a 50% to 60% reduction. Experts think the price crash will hurt some motorists, but we may never return to "normal" levels. They estimated that the car market meltdown might wipe out $1 trillion in new and used cars. Finan...
What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ
Automobile

What Do an Uneven Car Supply and Rising Interest Rates Mean for 2023's Auto Sales? | WSJ

Rapidly rising interest rates have made monthly car payments more expensive for many buyers. At Adam Lee’s Jeep dealership, customers are seeing something they haven’t in years: lots of new cars. But while supply is returning, higher interest rates are hitting demand and sparking concerns that 2023 could be another turbulent year for the car industry. Photo Illustration: Adam Falk 0:00 Will 2023 be a boom or bust year for the car industry? 0:57 What rising car inventories could mean for the auto market 2:42 Why many vehicle prices aren’t exactly reasonable right now 4:25 What factors this year will affect car demand? 5:35 How 2023 could actually be a 'sweet-spot' year for the industry #Car #SupplyChain #WSJ