Will 2024 be a good time to buy a car? Here’s what to expect, auto experts say

Low inventory, high demand and elevated interest rates affected car shoppers in 2023. However, 2024 may be a better year to buy a car.
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Complete coverage of business news in the Twin Cities, Minnesota and elsewhere, including Fortune 500 Minnesota companies: UnitedHealth Group, Target, Best Buy, 3M, CHS, U.S. Bancorp, General Mills, C.H. Robinson, Land O’Lakes, Ecolab, Ameriprise Financial, Xcel Energy, Hormel Foods, Thrivent Financial, Polaris, Securian Financial Group, Fastenal and Patterson Cos.