Is Now a Good Time to Buy a New Car?

2019 Volkswagen Jetta

When planning a big purchase like a vehicle, timing can be important. Between the worldwide chip shortage and supply chain issues, many St. Louis and St. Charles drivers are wondering “Is now a good time to buy a new car?” as well as “Is now a good time to buy a used car?” And the answer is yes, because trade-in values have never been higher. Find out everything that you need to know about the current car-shopping trends with Suntrup Automotive Group, and be sure to stop by St. Louis to learn more from our finance team!

Why Buy a Car Right Now?

Whether your old clunker is on its last legs, or you’re just itching to try something new, there are tons of reasons to buy a new or used car right now. And because demand is so high for vehicles, that means you have every advantage when it comes to trading in your vehicle. You might be surprised by just how much you can fetch for your well-loved car – and how far that can go toward purchasing something new and exciting. Let’s dive a little deeper into why now might be the time to upgrade:

  • Is Now a Good Time to Buy a New Car? It’s no secret that the price of new cars has risen over the years, but it’s important to look at the big picture. If your car has costly issues, you might save more money by making the switch – especially when you factor in your trade-in advantages.
  • Is Now a Good Time to Buy a Used Car? Like new cars, used vehicles also have risen in price and popularity around Fenton. Because of the demand, many used vehicles are actually prior leases – which means they have been well-maintained with low mileage. You might find a better deal now than during the slower seasons!

For more car-buying tips and advice, reach out to the experts here at Suntrup Automotive Group. Learn about the benefits of used cars and much more with us.

Shop at Suntrup Automotive Group Today

So, is now a good time to buy a used car or new model? The answer is yes, and Suntrup Automotive Group can help you get the best deal possible on your new ride! We’re located in St. Louis, so stop by to explore your options in person or contact us with any questions. You can even value your trade online to get a head start on the shopping process!

 

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