Will Car Prices Drop In 2025 In Canada And Usa. The average price for a new car is $48,978 in january 2025. As new car production increases, the demand for used vehicles could decline, causing prices to drop.
In 2025, gobankingrates could see prices for the 2022 to 2024 models decrease as kia pushes forward with new designs and features in the latest iterations, and the 2024. Prices are leveling off for new cars.