Is Now a Good Time to Buy a Car?

2022 Hyundai Santa Fe Hybrid Back

If you’re looking to make the switch to a new car, you might wonder, “Is now a good time to buy a car?” Recently, some in the media have reported that rising car prices mean finding a good deal is impossible. While it’s true that global supply chain issues have had an impact on the automotive industry, your commute still relies on a great vehicle. 

So, can you still buy a car now without busting your budget? Of course! Those who say otherwise have forgotten a major factor, rising values on trade-in cars! With the value of used cars increasing, you’re certain to find a generous offer on your trade. This will likely give your bottom line the boost it needs to take on the cost of a new vehicle. What’s more, Ray Brandt Hyundai offers new and used car specials to make each upgrade more affordable. Learn more about car shopping below!

Is Now a Good Time to Buy a New Car?

It’s an unfortunate fact that new cars are being sold for higher prices than in recent years. That means if securing a rock-bottom price is your only goal, you’re better off looking for a used model. So, is now a good time to buy a car, or should you wait? In many cases, now is still a great time to buy! Even with rising costs, a safe and reliable ride is invaluable. 

There are many reasons why you might feel ready to buy a car now. Perhaps you need more towing and payload for your New Orleans work. Maybe you need extra seating for your growing Marrero family. Those are both great reasons to invest in an upgrade. However, there are times when buying new will actually help you save! If you’re constantly spending thousands of dollars on repairs, pay attention to your total cost of ownership for your vehicle. Chances are, the cost of a new vehicle will be less than what you’re paying each month for repairs!

Is Now a Good Time to Buy a Used Car?

Like new models, used cars have seen a rise in prices. However, the popularity of used cars remains strong for many in Gretna. With that in mind, it’s natural to see that used car inventories are constantly changing. In the end, that means more and more models being sold are fresh off of a prior lease. That means you can score a like-new model with low miles without breaking the bank! 

Is Now a Good Time to Trade in a Car?

Naturally, if you’re looking to buy a car now, you’re going to want to get rid of your old model. Luckily, there has never been a better time than now to trade in your car! With the current excitement in the pre-owned market, you’re certain to score a competitive deal. This is especially beneficial if you’re upsidedown on your loan. With the generous offer you’re likely to secure, you can get out of a bad loan with ease!

If you use our payment calculator, you can quickly determine if now is a good time to buy a car for your financial situation. If you’re interested in a new Hyundai that has an MSRP of $25,000, you can likely negotiate for a few thousand dollars less. Add to that the enhanced value of your trade-in model and you’re in great shape!

Find a New Ride in Harvey Today!

Now that you know a bit more about the current auto market, you can prepare to buy a car now like a seasoned professional! When you’re ready, make your way to Ray Brandt Hyundai to find your fit. Feel free to contact us if you have any questions or concerns about shopping for your next vehicle. 

 

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