Quote:
Originally Posted by GrumpyOldMan
Now is a good time to wait to buy a car. EVs are about to explode on the scene and ICE cars will be struggling to sell. I expect sales on ICE equipped cars to start happening next year to empty the supply line.
So, my prediction is we will see a serious drop in new car prices and a serious rise in used ICE cars.
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This is actually a great time to buy a new car due to the massive demand in the used car market. In the past year we replaced a CRV, Jetta and an Accord. The new CRV was $4000 out of pocket, our old one was 4 years old with 60,000 miles on it. We had just put new, much quieter tires on it and I insisted we would only do the deal with Jenkins IF they swapped out the tires between the two vehicles. The Jetta is our sons car, it was also 4 years old with 50,000 miles on it. We did move from the highest package model to the next one down…but we did that for $500 out of pocket. The Accord held excellent value, but we did upsize that to a Lincoln. All three cars bought locally. We need to do our research ahead of time and know what you’re willing to pay. My husband reached out to 4 dealerships around the state to get trade in values. He came with the best one in writing & insisted if Jenkins couldn’t meet that price, we would be happy to day trip elsewhere. He actually walked out the door of the VW dealership with my son. The manager ran into the parking lot to get them & agreed to his price. We hold the power. The sales people don’t. We also chose cars that were not on the Jenkins lot-thus avoiding the $2000+ “Jenkins package” of crap like pinstriping and a safety kit. Just BS add ons that they use to make more money. We told them IF they added that crap before they delivered the car to us we would not pay for it-and we didn’t want that detail on our car so they would be breaking the terms of our agreement.
Be tough out there.