Over the course of the last few years, there have been several think pieces about whether or not now is a good time to buy a car. With nationwide inventory shortages and chip shortages, new car prices have risen and it can be tough to find a deal on a new car. That said, even if new car prices are a little higher, there’s never been a better time to trade in or sell your vehicle. And, when you shop for a new or used car with Cartelligent on your side, you’ll only be offered the best deals we can find in the San Francisco area.
Learn more about whether or not it’s a good time to buy a car with Cartelligent, and learn more about the process today!
Is Now a Good Time to Buy a New Car?
As we’ve mentioned, there’s no denying that new car prices are higher, and dealers are less willing to budge due to inventory shortages. However, the current inventory shortages are beginning to ease up, with more models making it onto Orange County lots, leaving a little more wiggle room in the price.
Still, before deciding if it’s a good time to buy a new car, it’s important to take stock of your situation. How important is having a new car to you? Is your current vehicle in good working order, or does it need immediate replacement? The higher cost of a new car may seem intimidating at first, but if you’re driving a car that’s constantly in need of repair, it may end up being the better financial decision.
Is Now a Good Time to Buy a Used Car?
As the new car market prices have risen, demand for used cars has similarly increased. This has led to used cars becoming more expensive than before, but there is a bright side: as many of the used vehicles are being bought quickly, the ones showing up on dealer’s lots tend to be prior leases. A used car that was part of a lease means that the previous owner typically performed regular maintenance and stayed within a certain mileage limit, making them much more reliable than the average used car you’d find on dealer lots in “normal” times.
Is Now a Good Time to Trade In or Sell a Car?
The best news about the current car market? It’s the perfect time for Los Angeles drivers to sell their old vehicles! As used car prices continue to rise, the amount that a dealer is willing to pay for your used car is much more than it used to be. Take advantage of higher market prices for used cars and offset the cost of a new or used vehicle by trading in your current vehicle with Cartelligent.
Buy, Lease, or Sell a Car with Cartelligent
No matter which you choose to do– buying, leasing, or selling– Cartelligent can help you get the best deal in the current market. We do the legwork so that you can find the car you need at a price you can afford without hassle. Get started today, and an advisor will be in touch with you soon to begin the process.
