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Per CarGuru's stats page[1], prices have been in steady decline across the board. Average is 4.63% decline in the past 90 days. Hyundai/Kia are down >5% in the
by mullingitover 3y ago
Per CarGuru's stats page[1], prices have been in steady decline across the board. Average is 4.63% decline in the past 90 days. Hyundai/Kia are down >5% in the past 90 days. Teslas are actually down a lot more, 14% in the past 90 days and 29% YoY.
[1] https://www.cargurus.com/research/price-trends https://www.cargurus.com/research/price-trends
- antisthenes 3y agoStill 27% over January 2020, compared to 17% inflation over the same period. Car prices need to drop another 10%, and then some for them to actually become affordable.
- mullingitover 3y agoI'm sure China's deflation problem will spread soon enough, give it time.