Is Now a Good Time to Buy a Car?

Hands Holding Car and Money

Is now a good time to buy a new car? It’s been a while since the car market saw a shift in inventory shortages and changing prices, but despite what people are saying, it’s actually a good opportunity right now to buy a car. Is it a good time to buy a used car? With lower average prices on a pre-owned model, Morrie's Auto Connection believes it’s also a great time to choose something pre-owned. Take a look at what to consider when buying a new or used car with Morrie's Auto Connection!

Is Now a Good Time to Buy a Car That’s Brand-New?

Is now a good time to buy a new car? Inventory shortages and new car prices have stabilized, so we believe it’s certainly a better time to buy a new car than it might have been a couple of years ago. 

Here are some reasons why now could be the perfect time to buy something new: 

  • New cars come with warranty coverage, which includes service and maintenance. If you’re driving something pre-owned that’s constantly needing repairs, then the higher price of a new car could even out with less coming out of your pocket for regular service visits around St Cloud. 
  • New vehicles have more advanced driver-assistance features and will last longer than most pre-owned cars. 
  • When you trade in your current vehicle, you can put more money towards a brand-new purchase, lowering the starting price. 

Is Now a Good Time to Buy a Car That’s Pre-Owned?

If you don’t want to pay the full price that you would for a new car but want something to drive around Albertville, you might be wondering, “Is now a good time to buy a used car?” 

If you feel like now isn’t a good time to buy a new car, here’s why now could be a great time to choose a pre-owned car instead: 

  • Used car prices have come down, but with so many used cars being acquired by dealerships, the chances are higher that the cars in pre-owned inventories are more recent models. This means that you can expect a higher level of quality among pre-owned vehicles. 
  • Many pre-owned vehicles, being newer, are coming off of leases. This means that you could end up with a lower monthly payment if you transfer the old lease to you. 
  • Trading in your old ride for more money to put towards a pre-owned option could cover more of the starting price since used vehicles still cost less than new vehicles on average. 

Why Now Is a Great Time to Trade in Your Car

Not only is now a good time to buy a used car for Rogers drivers, but it’s also a good time for dealers to buy a used car. New vehicles are starting to become more abundant for dealerships, but they still need a lot of pre-owned vehicles to keep up with shortages. That means that if you’re looking to part ways with your ride, you can get a great offer for it. 

If you want to trade it in for something pre-owned, you can knock off a big chunk of the asking price by getting a top-dollar offer for your trade-in. To see what your car is worth, value your trade online at Morrie's Auto Connection!

Find a High-Quality Pre-Owned Car in St Cloud Today!

Contact Morrie's Auto Connection to see why now is a good time to buy a car in St Cloud! We have plenty of options in our pre-owned inventory and plenty of pre-owned specials to help you get the best price possible. 

 

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