Is Now a Good Time to Buy a New Car?

Man and Woman Signing Contract


You’ve seen the news – global supply chain problems, computer chip shortages, and a demand for vehicles that is greater than supply. Is now a good time to buy a new car? What about pre-owned vehicles? Is now a good time to buy a used car? You’ll likely be glad to know that the situation is not as bleak as some in the media have made it seem. 

Let’s talk about why it can be a good idea for some Lynn drivers to buy a car now instead of waiting until later.

Is Now a Good Time to Buy a New Car?

Higher sticker prices may make it seem like this is not a buyer’s market. Is now a good time to buy a new car? Yes! Why? Because, trade-in values are also much higher, now, meaning you can expect to get much more for your trade-in

According to Kelley Blue Book, “There has never been a much better time to sell or trade in your car than right now during this strong seller’s market.” When you combine a high trade in offer with our new vehicle specials, it can be smart to buy a car now for your Saugus commute.

Is Now a Good Time to Buy a Used Car?

You might be thinking since there is such a high demand for new cars, it might be smarter to buy used. Is now a good time to buy a used car? Well, since new cars can be hard to come by, many customers have been turning to used automobiles. That means demand, and therefore prices, have gone up for used cars as well. But, now can still be a good time for many Peabody drivers to buy a used car, for the reasons we listed above for buying a new car. 

Trade-in offers are the same whether the car is being traded for a new or used vehicle. You can also take advantage of our used car specials. In fact, we often have used vehicles priced under $10,000.

Check Out the Great Deals at Pride Kia of Lynn

Come see what we have to offer, even if you don’t have a trade-in. Our prices just may surprise you by how affordable they are. Why not get started now by applying for financing online? We’re just a short trip away from Salem, so drop by or contact us today!

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