Overhaulin'

Is this a good time to buy a new car now considering the current market condition?

Interested in getting a car. However, I want to know if it is a good time to buy a new car now? Since rates are not at its best nor prices. Would new car prices go lower in the near future? Is used car a better option?

Public Comments

1. Yea, get a certified used car, most cars lose 1,000+ more dollars just for driving off the lot. Add that plus fuel surcharge, taxes and fees, 750 fee for transporting the new car to the dealer, higher insurance rate for being the first owner and insuring a "higher cost" car, and little option whatever. I don't feel cars will get much cheaper although the housing market seems to go down the drainer. Chevy just got rid of their cheapest model car the aveo for a sedan that has a lot more features but higher in quality because they believe consumers will be willing to pay more for a better quality car...I suggest shopping around and there should be plenty of good deals to come around if you are really in need for a car just get it.... Also check the J.D. Ratings for cars it really amazed me that dodge really is putting out a lot of cars with problems out there... Hope that helps.
2. Its summertime everyone is going vacation dealers and manufacturers are rolling out summer sales. Buy now and save.
3. New cars are never good buys. And avoid certified used too. They just cost an extra $1000-2000.