TONS OF CARS ON LOTS for September 2024! - New & Used Car Prices - Kevin Hunter the Homework Guy
Want the best price on your new car? We start by talking about how much Car Inventory is growing into September and why you should watch for improved incentives and rebates on we head into fall 2024.
SUBSCRIBE ON YOUTUBE / kevinhunter #Car #dealership #cars #usedcars #carsforsale #TheHomeworkGuy THE BEST CAR BUYING ADVICE YOU CAN FIND is published by The Homework Guy Team (THG)! We’re the team of Auto Experts, Finance Gurus, and Car Pricing Strategists that well over 45 Million Car Buyers have come to know and trust.
VISIT OUR WEBSITE: https://thehomeworkguy.com
WANT TO LEAVE A TIP FOR THE HOMEWORK GUY TEAM?
https://www.paypal.me/consumeradvice or https://cash.app/$TheHomeworkGuy
WE THANK YOU IN ADVANCE! WE APPRECIATE YOU SUPPORTING OUR MISSION!
JOIN US ON OTHER SOCIAL MEDIA!
Facebook: / thehomeworkguy
Twitter: / thehomeworkguyz
HASSLE FREE CAR BUYING SERVICE Available now! Click here to get started: https://thehomeworkguy.com/thg-team-c...
New-Vehicle Inventory Rises as 2025 Models Hit the Lots; Automakers Adjust Course- here’s what it means for you if you’re shopping for a car.
Buckle up, friends, because the auto market's taking another twist. As the 2025 models start rolling into dealerships, we're seeing inventory levels steadily climbing. But don’t let that fool you into thinking all is smooth sailing. The days’ supply dipped to 74 days, down slightly from early May, but it’s still a whopping 43% higher than a year ago. So, what's really going on?
The older models are finally moving off dealership lots, just in time for the 2025 units to come rolling in. Dealers have been waiting for this, and boy, have next year's models arrived in force—more than doubling from where they stood in April. But, here’s the kicker: even though there’s plenty of inventory, the average listing price for new vehicles is holding steady. The price tag? A cool $47,455. But let’s not kid ourselves; affordability is, unfortunately, still out of reach for a lot of people out there.
Manheim reports a drop in the August Used Vehicle Value Index: Meanwhile, Wholesale Prices are Climbing
Wholesale Prices Edge Up Once Again here in August
Alright, friends, here we go—Manheim’s just released their August numbers, and it’s more of the same story: wholesale used vehicle prices are on the rise for the third month in a row. That brings the Manheim Used Vehicle Value Index to a solid 124.3, marking a 2.1% increase from last year.
Let’s not forget—it’s that time of year when prices usually take a dip. I expect we’ll be able to negotiate a toon of red hot deals for viewers with our Hassle Free Car Buying Service. Starting in September and carrying on through November, we typically see the biggest seasonal drop in mix- and mileage-adjusted prices. Historically, we’re talking about an extra percentage point of depreciation in each of those months. Add in all the international turmoil and our own American budget and debt ceiling debates adding to the uncertainty, this year should be no different.
The used car market is still holding strong with wholesale prices inching up for the third straight month, bringing the Manheim Used Vehicle Value Index to 124.3. But don't get too comfortable—while prices are stable now, we've got the usual seasonal dip coming between September and November, which could shake things up a bit.
Watch video TONS OF CARS ON LOTS for September 2024! - New & Used Car Prices - Kevin Hunter the Homework Guy online without registration, duration hours minute second in high quality. This video was added by user Kevin Hunter The Homework Guy 22 August 2024, don't forget to share it with your friends and acquaintances, it has been viewed on our site 10,88 once and liked it 55 people.