![Factors Driving Car Price Decrease the back of a sports car and Car Price Decrease](https://skytechly.com/wp-content/uploads/2024/05/7gof3y6yp6z2leacbp33nqy7p-600x400.jpg)
Factors Driving Car Price Decrease
The majority of car buyers think a new car purchase is synonymous with a high price. However, in some cases, car prices have dropped. A decrease may be affected by numerous factors, from the peculiarities of the market, to new technologies. The present paper investigates the car price overshoot process, the predisposing elements, its outcomes,…