ilmscore | Car Prices Predictions
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Accuracy

Recent Predictions

Total: 22
Correct: 3
Incorrect: 0
Pending: 19
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Automakers are likely to eventually pass on the increased costs from tariffs to consumers, despite current efforts to absorb them, as they will eventually 'cave in' to avoid losing market share.
"But realistically speaking, how long will GM and shareholders hold out before passing on rising cost..."
Aug 27, 2025
Correct
Automakers, such as General Motors, are currently absorbing the costs of tariffs, preventing immediate price hikes for consumers. GM is projected to absorb $4-5 billion in tariffs in 2025.
"However, the reason why we're not seeing a spike in car prices like at this very moment is because a..."
Aug 27, 2025
Correct
Tariffs are expected to increase the prices of cars, including those manufactured in the US, due to the impact on imported auto parts.
"President Trump's tariffs are expected to put upward pressure on car prices, even the ones that are ..."
Aug 27, 2025
Correct
If interest rates hold steady and car insurance costs continue to increase, car prices are predicted to remain unsustainably high.
"if interest rates stay the exact same and car insurance continues to rise, I think that car prices a..."
Apr 9, 2025
Pending
Car prices are expected to be aggressively discounted, bringing vehicles down to their fair market value.
"Logically speaking though, I would expect car prices to aggressively get discounted and vehicles to ..."
Apr 9, 2025
Pending
While car price growth has slowed in the past year, car prices are still significantly higher than they were five years ago.
"the prices of cars have gone up over the Last 5 Years although we have seen a cooling in that car pr..."
Oct 1, 2024
Pending
Car prices have increased significantly over the last five years, and despite recent cooling, they remain substantially higher than five years ago.
"the prices of cars have gone up over the Last 5 Years although we have seen a cooling in that car pr..."
Oct 1, 2024
Pending
Car prices are currently more expensive than they were five years ago.
"car prices today are still a lot more expensive than what they were 5 years ago"
Oct 1, 2024
Pending
Cheaper car financing coupled with falling car inventories could lead to car prices not decreasing as much as previously expected.
"if people say hey car financing is cheaper let's go out and buy a car and you start to see car inven..."
Sep 10, 2024
Pending
If car financing becomes cheaper and car inventories decrease, car prices may not fall as significantly as previously expected.
"if people say hey car financing is cheaper let's go out and buy a car and you start to see car inven..."
Sep 10, 2024
Pending
The average price of new cars has increased significantly, reaching approximately $447,000.
"new cars are selling for around $447,000 on average"
Jul 18, 2024
Pending
New vehicle sales in the US increased by almost 5% in 2024, despite high interest rates.
"new vehicle sales in the United States Rose nearly 5% in 2024 as buyers defied High interest rates"
May 20, 2024
Pending
Tesla's price cuts on EVs are predicted to force other auto manufacturers to lower their prices to stay competitive.
"EV prices because when they slash prices in order to sell more cars it caused every other auto manuf..."
Nov 22, 2023
Pending
Nearly all used car prices are expected to continue dropping.
"you'll see is that nearly all used cars are beginning to drop in price"
Oct 27, 2023
Pending
The cost of new cars has risen by 30%, and used cars by nearly 50% compared to a few years prior.
"new cars are costing you thirty percent more and a used car is almost 50 percent more"
Oct 4, 2023
Pending
In 2024, economy cars will no longer be available under $20,000, with base models starting around $22,000-$23,000.
"as of uh this year 2024 the next model year there are going to be no economy cars under 20 000 every..."
Sep 29, 2023
Pending
Car prices are currently decreasing.
"car prices are dropping"
Sep 29, 2023
Pending
If the three major auto manufacturers (GM, Stellantis, Ford) deplete their vehicle inventory due to the auto worker strike, car prices will increase universally.
"if they run out of inventory we can see car prices increase across the board"
Sep 27, 2023
Pending
Dealerships are predicted to face significant financial difficulties.
"dealerships are about to be in big trouble"
Oct 28, 2022
Pending
Dealerships are unable to lower car prices due to their current financial situation.
"dealers are about to be in big trouble so with that said let's get right into it alright so here we ..."
Oct 28, 2022
Pending
Car prices are increasing due to carrying costs and dealer investment, making it impossible for them to lower prices.
"the carrying costs and everything else is what's bringing the price up so our car went from thirty t..."
Oct 28, 2022
Pending
Normal car prices are predicted to decrease once the chip shortage is resolved.
"I think that car prices will contract as far as daily driver normal rational cars because of course ..."
Feb 14, 2022
Pending