Is Now a Good Time to Buy a Car?

November 18th, 2023 by
Hands Holding Car and Money

If you are considering buying a vehicle for the first time, second time, or fifth time, it’s natural to wonder, “Is now a good time to buy a car?” This is a common question and concern, since there are always better times to purchase a vehicle than others. So is now a good time to buy a new car? Is now a good time to buy a used car? We at Morrie's West Bend Honda answer these questions to help you make the right buying decision for your lifestyle in Milwaukee or the surrounding areas. If you decide to move forward with the buying process, contact us to set up a test drive in West Bend!

Is Now a Good Time to Buy a New Car?

While new cars can be extra expensive depending on the model and trim level you purchase, now is still a good time to buy a new vehicle. December is always an excellent time to browse new car inventories because dealerships offer year-end sales. They want to sell as many cars as they can before the new year starts, particularly if they have year-end quotas to meet.

Now is also the right time to purchase a new car if your current vehicle has become a “money pit.” Constantly paying for repairs on an older model gets expensive fast! Rather than spending more money on a vehicle that won’t last much longer, browse our new car inventory. We also offer new car specials to make purchasing a new model more appealing and affordable.

Is Now a Good Time to Buy a Used Car?

Used vehicles remain popular among drivers in Brookfield, Hartford, and everywhere else for many reasons, including less depreciation, lower insurance rates, and wider inventories to select from. They are also eco-friendly investments since vehicles emit most of their harmful emissions during manufacturing and shipping operations.

Pre-owned vehicles are usually on special like new cars in December to help dealerships clear out their inventories. If you are thinking about purchasing a pre-owned vehicle, check out our used car specials!

Is Now a Good Time to Trade In a Car?

Trading in your vehicle is a great way to lower your down payment on a new or used car, especially if the model is currently worth more than what it usually sells for. Check out the following example:

Let’s say you do the math with our payment calculator to determine whether a $33,000 Honda vehicle is within your budget. This car normally sells for $31,000. If your current vehicle typically sells for $21,000 but you can trade it in for $24,000, you are in the perfect position to buy a new car!

Browse Our Inventory Today

Is now a good time to buy a car? Yes! Ready to start car shopping? Stop by our dealership today! You can also call 262-357-9000 or message us online to set up an appointment. For more informative reads, review how often you should change your oil!

 

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