Many drivers in Knoxville find themselves wondering “Is now a good time to buy a new car?” or “Is now a good time to buy a used car?” The answer is yes, this is a fantastic time to consider upgrading your vehicle. Now that issues like microchip shortages and the UAW strike are in the past, customers have more opportunities to find a fantastic deal in the Indianola area. Explore the question “Is now a good time to buy a car?” with DeYarman Automotive Group, and stop by Knoxville when you’re ready to start browsing!
Is now a good time to buy a brand-new car? Yes, you can still get a fantastic deal on a new vehicle in 2023 and beyond. The Cox Automotive/Moody’s Analytics Vehicle Affordability Index found that new vehicle affordability improved month over month and year over year. Additionally, trade-in values remain high – especially for vehicles in demand. Cars continue to become safer and more efficient than ever before, so trading in an older model for something more modern can be a smart choice for Pella drivers.
Is now a good time to buy a used car? Again, yes! Kelley Blue Book reported that “The average used car in America carried a list price of $26,533 in October. That’s 0.6% lower than September’s price and 3% lower than last October.” The downside is that used cars continue to be in demand, leading to a smaller supply of options. Choosing automotive groups like DeYarman Automotive Group allows drivers a broader range of options, from certified models to cars priced under 25k.
So, is now a good time to buy a car? Absolutely, and DeYarman Automotive Group is here to help you find the new or used vehicle of your dreams! Contact us with any questions or just stop by our showroom in Knoxville to see what’s in our inventory. We’d love to get the keys in your hands for a few test drives, and our experts are always happy to make suggestions! You can also browse our current new vehicle specials and used vehicle specials to get an even better bargain!
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