Automobile

Kelley Blue Book Interview Warns Car Buyers That the Market May Not Stabilize Until the Second Half of 2022 – MotorBiscuit

The market for new cars has been on a steady increase this year and there’s no telling when it’s going to normalize. This year has historically been one of the worst times to purchase a new car and buyers know this.

Kelley Blue Book recently released a report showing that many car buyers are postponing their car purchases for the time being while others will go to great lengths (and prices) to get the car that they want. I spoke with Vanessa Ton, senior industry intelligence manager for Kelley Blue Book, about the current market conditions and to get a better idea of when she thinks the market might stabilize.

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