Looking For A New Ride? Hold Off For A Bit. Prices May Be Coming Down.

The economy seems to be slowing a bit with the help of the Fed. Inflation is coming down and the job market is still very vibrant adding 517,000 jobs in January. With interest rates up as much as they are the housing market has cooled and car sales are down somewhat as well. However if you’re in the market for a vehicle new or used you might want to wait a little longer because car makers like Tesla has cuts prices and once one does it they all seem to follow. Used car prices in general finally started trending down last year, after a precipitous rise.

 

Tesla Slashed Prices & Now We’re Starting To See The Consequences