Buying a car is never going to get better — so you might as well buy now

Thu, 03/16/2023 - 05:00

A photo of a young couple paying for a new car at a dealership. — The auto market is actually the best it has been in three years, if you want more vehicle availability or if you don't want to pay sky-high prices for a new ride.
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Car shoppers today are thinking about the economy and inflated rates.
It's hard to know whether now is a good time to make a major purchase.
Buyers have to choose between inventory and interest rates.

If you're shopping for a car right now, you probably have a lot on your mind, like concerns about interest rates, questions about inventory, and uncertainty about the economy.