Is Now a Good Time to Buy a Car?

Man Sitting at Desk Doing Calculations
 
The last few years have been among the worst times to buy a car, ever. We’re not about to sit here and say that now is the easiest time to buy a car, we do believe very firmly that articles like the one we’ve just linked to are hyperbolic at best. We believe that spreading fear and anxiety haven’t helped anyone, least of all you if you’re in need of new, reliable transportation. Let’s take a look at how the automotive market has improved since 2022, and how it’s not a “bad” time to buy a car — especially if you really need one for your daily Long Branch or Tinton Falls commute. Now is an absolutely a fantastic time to trade-in your vehicle. Want to learn more? Read on!

 

Is Now a Good Time to Buy a New Car?

New cars remain more expensive now than they’ve ever been thanks to overall inflation. That means it’s a great time to lease one! The inventory shortages of 2021 have been steadily recovering meaning that selection is better than it has been. Likewise, selections of used vehicles are growing, especially with certified pre-owned vehicles.  And there are ways around paying top dollar — like our new vehicle specials and used vehicle specials, respectively.

Is Now a Good Time to Buy a Used Car?

Used cars also remain more expensive on average now than they have been in prior years. But the very good news is that often, this point is moot. That’s because if you’re trading in a vehicle, its value will also be significantly higher. That means more money you can put towards a new-to-you vehicle.

Is Now a Good Time to Trade In a Car?

We can’t stress this enough: now is a fantastic time to trade in your car.

For instance, say you make use of our payment calculator to see if buying a $50,000 new Ford SUV is a good idea. Let’s say that this vehicle would normally sell for $47,000. If you’re trading in a vehicle that would normally fetch $20,000, but now you can get $23,000 for it, the expense evens out.

Why Buy from DCH Ford of Eatontown?

Want to learn more about how — or why — to buy a new car the easy affordable way at DCH Ford of Eatontown? Call 732-649-1637 or check out our “why buy from us” guide. If you’d like to learn more about the car-buying process, pay a visit to our car-buying tips. We want you to find the vehicle you need without hassle or added expense.

 

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85 NJ-36, Eatontown, NJ, 07724
DCH Ford of Eatontown 40.291477, -074.045873.