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Expected lower interest rates, pent-up demand driving 2024 vehicle purchases, survey finds

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The report found that 27 percent of consumers put off buying a car over the past two years because of high interest rates. (DAVID PHILLIPS)
GW
By:
George Weykamp
February 01, 2024 09:46 PM

Pent-up demand and expectations of lower interest rates are driving consumer purchasing going into 2024, according to a report from Kaiser Associates and Dave Cantin Group released Wednesday.

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