Will car prices go down in 2022?

Industry experts tell Fortune it will likely take well into 2022 (or beyond) for the used car market to start to return to normal. “As you solve the bottlenecks, and you solve the lack of production, you’ll eventually start to see normal price patterns.

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What month do car prices go down?

In general, the more new cars there are coexisting with old models, the better the savings. The months of January through April are generally slow-selling ones and have the smallest discounts off MSRP. In fact, the month with the smallest amount off MSRP is February, with an average discount of about 5.7%.