QOTD: Is It Car-Buying Time?

by Tim Healey

Published: September 24th, 2024

Yesterday we reported that it might, finally, be a good time to buy a car.

Inventories and incentives are up, so is it time to buy?

Or are cars still too expensive and average transaction prices still too high?

Obviously your answer will probably depend on your individual financial situation, but I am curious how you're seeing the market.

Especially if you are in the market, or considering buying a car.

You know what to do. Sign off below.

[Image: ViDI Studio/Shutterstock.com]

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#QOTD #QuestionOfTheDay #CarBuying #Newcars #CarSales #NewCarSales #NewCarBuying

Tim Healey

Tim Healey grew up around the auto-parts business and has always had a love for cars — his parents joke his first word was “‘Vette”. Despite this, he wanted to pursue a career in sports writing but he ended up falling semi-accidentally into the automotive-journalism industry, first at Consumer Guide Automotive and later at Web2Carz.com. He also worked as an industry analyst at Mintel Group and freelanced for About.com, CarFax, Vehix.com, High Gear Media, Torque News, FutureCar.com, Cars.com, among others, and of course Vertical Scope sites such as AutoGuide.com, Off-Road.com, and HybridCars.com. He’s an urbanite and as such, doesn’t need a daily driver, but if he had one, it would be compact, sporty, and have a manual transmission.

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4 of 33 comments

Kcflyer on Sep 25, 2024
Don't see inflation getting any better with Biden Harris 2 point oh. So might as well.

Like Reply
- 28-Cars-Later on Sep 25, 2024
  We're toast regardless, Trump also likes low interest debt. The only difference is how misallocated the yet even more money we don't have will be (Zelensky probably needs another Bentley and more coke so BOHICA 'Murcia).
  
  Like
Carquestions on Sep 25, 2024
Why would anyone in their right mind buy a new car now? Every new car is heavily connected sending out reams of data on how you drive even if you don't subscribe or pair your phone. On top of that they have yet to put any kind of cyber security (like in Europe UN R155 spec) in it to prevent relay attacks, key duplication, Can Bus sniffing etc - On top of that is the thousands of software failures cars now have. How about we all pledge not to buy any new car until they check the software and put in some level of cybersecurity and some anti-virus software so the cars can't be stolen or hacked.

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- Kwik_Shift_Pro4X on Sep 25, 2024
  Just buy older.
  
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