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4 Responses to “Is The Price Of A New Car About To Soar?”
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The prices of cars will increase, however, demand for certain vehicle will drop due to the high price of gas. Some manufacturers are giving up 10k under MSRP price to move their SUVs for example. Of course cars that are more fuel efficient will net a higher price.
It won’t make a difference. If new cars increase in price due to metal prices, your old car will also increase in worth because it’s made of…metal.
Don’t panic.
I believe the prices of cars will come down due to the fact that cars are not selling well at present. Many show rooms are closing.
i dont think you have too much to worry about. Used cars wount go up in price mainly because people need to sell them.