Buying a Car Now Is Brutal—New or Used. Read This First.


In case you are available in the market for a automobile, buckle up. The latest consumer-price index confirmed that automobile costs have continued to climb. With new fashions promoting for above sticker prices, and used-car costs hitting record highs, it will possibly appear unimaginable to discover a whole lot.

“All of what you thought you knew about automobile shopping for from final 12 months, two years in the past, six years in the past, nonetheless lengthy it’s been because you had been available in the market, has modified,” says Ivan Drury, an automotive analyst for the car-shopping web site

Angela Hill, a 36-year-old recruiter within the Orlando, Fla., space, has her coronary heart set on a 2021 Honda Civic Hatchback EX—in white. She checked out used 2020 Civic fashions, and stated they not solely had been related in value to the brand new fashions but additionally had hundreds of miles on them. Regardless of calling round to a number of sellers, Ms. Hill stated she has not but been capable of get anybody to barter on value. “They’re simply not going to as a result of it’s their market,” she says.

Ms. Hill has been watching YouTube movies for ideas, and has additionally enlisted the assistance of an auto marketing consultant to help as she seems at her choices.

Analysts say there are nonetheless methods to attain a deal, though it requires a substantial quantity of analysis and planning. Right here’s what to do in case you are available in the market for a car.

Huynh Nguyen

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