# Lower car prices

**URL:** <https://community.cartalk.com/t/lower-car-prices/194496>\
**Category:** Buying/Selling\
**Created:** [March 6, 2024, 1:55pm UTC](https://community.cartalk.com/t/lower-car-prices/194496 "2024-03-06T13:55:36Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![jtsanders](https://avatars.discourse-cdn.com/v4/letter/j/c2a13f/32.png) [@jtsanders](https://community.cartalk.com/u/jtsanders)\
**Post date:** [March 6, 2024, 1:55pm UTC](https://community.cartalk.com/t/lower-car-prices/194496/1 "2024-03-06T13:55:36Z")

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New and used car prices are finally coming down. They are still much higher than they were pre-pandemic. Some analysts think that this is a trend and we will see further price cuts throughout 2024.

> **[Lower auto prices are finally giving Americans a break after years of...](https://apnews.com/article/autos-prices-loan-rates-vehicles-used-cars-8db91d020dea1b067c74ea4acaa6cf74)**
>
> Behind the price slowdown is a vastly expanded number of vehicles on dealer lots after years of severe shortages.

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**Author:** ![Clueless33](https://avatars.discourse-cdn.com/v4/letter/c/dbc845/32.png) [@Clueless33](https://community.cartalk.com/u/Clueless33)\
**Post date:** [March 8, 2024, 3:28am UTC](https://community.cartalk.com/t/lower-car-prices/194496/2 "2024-03-08T03:28:44Z")

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Few days ago out of boredom I decided to search for used Lexus IS, preferably the redesign ones from 2021 to 2023. I was astonished to see the low prices on the 350 FSPORT.

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**Author:** ![VDCdriver](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/vdcdriver/32/30_2.png) [@VDCdriver](https://community.cartalk.com/u/VDCdriver)\
**Post date:** [March 8, 2024, 2:14pm UTC](https://community.cartalk.com/t/lower-car-prices/194496/3 "2024-03-08T14:14:39Z")

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Consumers are apparently reacting to a drop in car prices:  
[https://www.marketwatch.com/story/car-sales-climb-5-4-and-offer-fresh-proof-of-strong-economy-1b827f8a?mod=mw\_latestnews&fbclid=IwAR2QVWDEtk9kAXVrRZixkO4\_2Ah7a5zdMFn4eu\_Fq2OmBfd0IVm5gDXfZlk](https://www.marketwatch.com/story/car-sales-climb-5-4-and-offer-fresh-proof-of-strong-economy-1b827f8a?mod=mw_latestnews&fbclid=IwAR2QVWDEtk9kAXVrRZixkO4_2Ah7a5zdMFn4eu_Fq2OmBfd0IVm5gDXfZlk)