Is Now a Good Time to Buy a Car?

It’s no secret that global events over the course of 2021 and 2022 have had an impact on the auto market. With unprecedented economic conditions becoming the norm, some believe that now is not the time to invest in a vehicle. While that can be true for some, this is a faulty generalization. In fact for many Bellaire drivers, this isn’t the case at all. So, is now a good time to buy a car? If you need a new ride or you want to get a great trade offer, now is the perfect time to buy! 

Trading your vehicle now is the best way to get top dollar. With inventory shortages lingering, the trade value of your vehicle is likely higher now than it has been in years. You can take advantage of these conditions to come out ahead! Is now a good time to buy a new car? What about pre-owned, is now a good time to buy a used car? Review our car shopping tips below to determine if you’re ready to enter the auto market!

Is Now a Good Time to Buy a New Car?

Is now a good time to buy a new car? It’s true that the Bellaire new car market is seeing higher prices now than compared to previous years. That’s just a simple fact. While you may not get the best possible value, it’s important to evaluate your situation. Do you really need a new car right now? Can you afford to wait a bit longer? 

In some cases, it may be best to hold on to your older model while the market settles. However, if your vehicle is starting to give out, chances are you’re spending more each year on repairs than you would for a new vehicle. In this case, and those like it, buying new is a smart investment. Our team can even teach you how to buy a new car so you can complete your transaction like a professional! What’s more, our rotating new vehicle specials offer discounts that will help your bottom line.

Is Now a Good Time to Buy a Used Car?

Is now a good time to buy a used car? While used car prices have risen like their new counterparts, this isn’t necessarily a bad thing for shoppers. Since the used car market is hot at the moment, the quality of available vehicles has never been better! Available options have generally just hit the market, meaning they haven’t been sitting idle on the lot for months on end. On average, pre-owned car sales involve newer models and those of higher quality than in years past, making it a great time to see what’s available!

Is Now a Good Time to Trade In a Car?

Yes, now is the absolute perfect time to trade in your old vehicle. In fact, you may even get out ahead if you were previously slightly underwater on your loan! Let’s do some quick hypothetical math:

Say you use our payment calculator to determine if you should buy a $43,900 MSRP Audi A3. If this vehicle typically sold for $2,000 less, but you’re getting an extra $3,000 for your trade, you’re ahead of the game! 

Use our online calculator to find out for yourself, or you can consult directly with one of our financiers!

Shop with Serra Traverse City!

If your commute from Kalkaska to Lake City needs a refresh, now is a great time to shop and save with Serra Traverse City. We have locations all around Traverse City, so finding your dream ride is simple when you work with us. Along with answering questions like, “Is now a good time to buy a car?”, we can teach you how to refinance your car loan or even how to trade in your car! Rely on Serra Traverse City for all things automotive.