Will Truck Prices Come Down In 2024. On average, transaction prices have fallen 5% this year. As canadians enter 2024, those hoping to pick up a new or used car may see similar prices to what was seen in 2023, with automotive experts saying not to expect.

Will car prices drop in 2024? Car prices rose dramatically in 2022 as a result of global supply chain issues, with a persistent chip shortage holding up production in the auto industry.