Will Car Prices Drop In 2024 Australia

Will Car Prices Drop In 2024 Australia. Pete’s car price outlook for 2024 is that, “a genuine movement of the market is now occurring, which will lead to price reductions and depreciation of cars over time.” that’s a. Finally some good news for australians struggling with cost of living pressures as the average price of a second hand car has dropped significantly.

Australia’s two largest states, new south wales and victoria, led the way, with price drops of 13.2 per cent in 2023 for vehicles between two and four years old, according to. This blog will explore the prevailing.