Recently, the White House issued a statement announcing a 5% tariff on all Mexican imports that goes into effect on June 10, 2019.[Read more…] about How the Mexico Tariffs Will Impact Affordable Cars
“Now is the best time to buy a car!” It’s a marketing phrase that, oddly enough, car dealers tend to use throughout the year. It seems like it gets blasted over TV and radio waves on a daily basis. From a car dealer’s perspective, the best time to buy a car is always today. Consumers, though, may become numb to that message and write it off simply because they hear it so often. So when we write a blog that says now may be the best time to buy a car, we get that you may not pay too much attention.
But it’s true. If you’re in the market for a new car, now might be the best time of the year to buy.
New-car shoppers continually debate between buying a fully loaded economy vehicle or a base-trim premium car.
When buyers realize that $40,000 can either buy a Kia or a Volvo, some interesting comparisons arise. Is it better to get a lower-end brand with the latest high-end features or a luxury brand that’s missing some desirable options?
The base price of the Volvo is $2,450 more than that of the loaded Kia. Is the extra cost worth it?
Whether you’re aware of it or not, you’re always shopping for a new car.
You can be casually scrolling through Facebook, thinking only of cat videos and the most recent “Game of Thrones” episode, when a post from a car dealer goes by featuring a shiny new Ford Explorer. You might wonder, even for a moment, if the new rig would make for a good replacement for your aging Honda Pilot.
Or maybe that first glimmer of desire for a different car appears when a friend posts photos of his or her new GMC Acadia.
Whatever the source of inspiration, you might start wondering if you should consider buying a car. At the very least, you’ll start thinking about the type of car you’ll want when the time comes to make a purchase.
Perhaps you’ll click on the dealer’s link out of curiosity, or even (innocently) begin a search inspired by your friend’s new car.
Even though you didn’t think you were in the market, a different car suddenly becomes a very real possibility. This is called “passive shopping,” and a new study suggests that social media has created an environment in which we’re doing it all the time.
Young people don’t buy cars, right?
We’ve been hearing it since the millennial generation reached adulthood. The rise of car sharing services such as Uber and Lyft gave pundits and writers evidence to cite, while carmakers and dealers tried to figure out sales tactics to woo young people.
Does the youngest generation really despise car-ownership, though?
Probably not, though they do have certain expectations when considering the purchase of a car.