Is Now a Good Time to Buy a Car?

Hands Holding Car and Money

 

In 2022, there has been a lot of chatter about the state of the automotive market. Some people say that right now is a bad time to buy a car because of the global chip shortage and other concerns facing the auto industry. However, there’s a silver lining to all this talk for Arlington drivers, and that’s if you trade in your vehicle, you’ll get an all-time high of a deal. If you’re looking to buy a new car in Washington DC and trade in your old one, the value you get on your current vehicle might offset the higher prices that vehicles are being sold for right now.

Is Now a Good Time to Buy a New Car?

New cars are without a doubt more expensive than they’ve been in recent memory. There’s no discussion on this point. You might not get the best purchase price or a discount. However, it needs to be asked: what’s your situation? Do you need a new car now or can you wait? If you’re behind the wheel of an old clunker that’s hitting you with massive repair bills, you might want to buy a new vehicle to save yourself the hassle of the repair costs. Our finance team would love to walk you through the situation to help you make a more informed choice in Springfield.

Is Now a Good Time to Buy a Used Car?

Even though used cars may be more expensive now than they once were, there’s still some good news for local car shoppers. Used cars in the local area are being swiped up faster than ever, meaning a lot of the ones you see are coming off prior leases. This implies that these vehicles are more reliable than your average used car.

Is Now a Good Time to Trade In a Car?

Right now, if you’re looking to trade in a car, you’ll be pleased to know that trade-in offers are at historic highs. Ready to take advantage of them? We’ve got a tool that will help you get a rough estimate of what your vehicle is worth.

Find Your Perfect Fit with Us

Now that you’ve gotten an idea of what trading in a car is like right now, it’s time to come on over to our dealership in Alexandria to get started. We’d love to help you out! Contact us today and we’ll get you started on your car buying journey.

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