latest report <\/a>released Friday, most vehicle categories had approximately $100 difference in the price from September.<\/p>\n\n\n\n\u201cThat suggests prices have stopped falling,\u201d said the CARFAX report. \u201cWhether they\u2019re going to bounce back or remain stagnant likely depends on where interest rates go next and the ongoing United Auto Workers strike. So far, new-car sales don\u2019t seem highly affected by the strike. Luxury Cars are the only category to see an uptick in prices versus last month, up about $100.<\/p>\n\n\n\n
\u201cIt seems clear we\u2019re approaching a leveling-off period. The strike has put some pressure on new-car inventory, but consumer demand is lower because of those high interest rates.\u201d<\/p>\n\n\n\n
The average car price was $19,694, as the lone category under $20,000. It was down from $19,797 in September.<\/p>\n\n\n\n
Pickup trucks were at $35,767. Popular SUVs came in at $25,097.<\/p>\n\n\n\n
Hybrid and EVs had a slight dip to $31,606 from last month\u2019s $31,720.<\/p>\n\n\n\n
\u201cHybrid and EV prices seem to have bottomed out and are down only about $85 from last month. They\u2019re still down the most of all vehicles from a year ago, about 17.5 percent,\u201d CARFAX said.<\/p>\n","protected":false},"excerpt":{"rendered":"Vehicle prices saw little movement in October, according to the new CARFAX Used Car Index. In the latest…\n","protected":false},"author":1,"featured_media":3327,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"csco_singular_sidebar":"","csco_page_header_type":"","csco_appearance_grid":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[28,3],"tags":[],"class_list":{"0":"post-4346","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-independent","8":"category-industry","9":"cs-entry","10":"cs-video-wrap"},"_links":{"self":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts\/4346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/comments?post=4346"}],"version-history":[{"count":0,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts\/4346\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/media\/3327"}],"wp:attachment":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/media?parent=4346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/categories?post=4346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/tags?post=4346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}