Car prices are falling back down to earth in a steady decline from 2021 peaks. But that’s no relief to consumer wallets, as car affordability remains low.

But overall, car sales have flatlined despite recoveries in both pricing and supply. In this video, the real reason car prices are down but why you still can’t afford one.

– Get matched for FREE in seconds with the right vehicle, at the right price and at the right dealer.

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By dennismary.slave@gmail.com

I am a Vet. Surgeon and Publisher

39 thoughts on “CAR PRICES CRASHING But People REFUSE To BUY”
  1. Nissan isn’t lowering prices. They are trying to hang on to the covid inflated low inventory buying frenzy. There are Nissans sitting on the lots for 200 plus days. They won’t come down on the price.

  2. The reason is that most modern cars are unrelialbe and boring. Ditch the unneeded electronics, dct+cvt trannys, turbos, plastic components, designed to fail components, make cars that are easy to fix with simple and inexpexsive parts. I want a vehicle that will last at least 500,000 miles.

  3. Car prices are high for one reason only: credit lines. People are overleveraged and so car prices are inflated. In the past, people didn’t dare sign off on such long loans except for homes. Now, people do it for cars and even vacations! The only way this resets is with a car loan crash just like what happened to homes in 2008.

  4. I see no REAL price drops in my area. Dealers advertise cheap leases, until you read the fine print. 6k-7k down plus tax, title, first months payment and fees. You're talking almost 10k. Ridiculous. These whores got rich during and after the pandemic and they're addicted to the money. They also have no stock, so they can say "Take It or Leave It". I guess there is a sucker born every minute. This will eventually lead to the elimination of the dealerships. Order online and the manufacturer makes almost all the money.

  5. prices have stalled. they went from extremely overpriced to just normal over priced………… still to high. i cant get myself to pay 35k for a 2020 truck with 110k miles on it……… just makes no sense!!!

  6. Purchased a brand new Jeep Gladiator Rubicon in April of 2023 and sold it to Carvana August 2024. It put $10,000 down, had a $704 note, $225 monthly in insurance, $300 a month in gas and maintenance. I’ve been carless and using Lyft to get to and from work and I’m not sure if I will be getting another vehicle anytime soon…

  7. Car prices arent falling where I live. Everything is still 10-25k more than it should be. People are sick of lies like "car prices are falling", or " inflation is only up 5%". Come on everyman driver who do you think your fooling?

  8. My car is a 2006 Ford Taurus, in 2006 I bought it in cash. I can't logically replace it with a similar new car at 4X what I originally paid for this car. Inflation since then has not gone up 4X! I will try to keep this car rolling as long as possible!

  9. 1 car is 20 years old and the other is 11 years old. 193k and 83k miles. Honda and Acura well maintained in my garage run like new. Expect 300k or more no problem out of each . Last car payment was 2011 😁 , full coverage insurance is cheap $50 each car.

  10. You will own nothing and be happy. The wealth gap is just fine for people with money. Comply. vote Dem and the price gorging will be illegal. and a tax on your old car will be asset at $65 k. unrealized capital gains. more resources are needed to help the immigrates. immigrates do not need insurance. or pay taxes, registration costs. and do not need to follow any laws. Women vote for

  11. I drive a twelve and a half year old kia optima 153K that has a big dent in rear quarter, carvana offers me $1600 for it, to me it's worth much more than that, it runs great, it had a few repairs but not many, and it is still reliable. I don't plan on replacing it unless something expensive breaks on it. Cheap taxes, less expensive insurance rate (no collision) and if it gets a scratch, than it's no big deal.

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