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Price

3 days ago

New Car Prices Slowly Decline

Benzinga
Benzinga
New car costs are gradually lowering to the manufacturer’s suggested retail prices. For the first six months of this year, new car prices averaged $700 over the MSRP, and over the past few months, prices have fallen to about $230 over MSRP on average. Vehicle inventory shortages and slowdowns in the supply chains for parts have given car dealers more negotiating power and prompted them to raise prices.