Is Now a Good Time to Buy a Car?

Woman handing a man keys to a new vehicle

Between inventory shortages and other automotive issues, you might be wondering “Is now a good time to buy a car or should I wait it out?” The answer is that this is a great time to buy a car, so there’s no need to delay a purchase that you need! While it’s true that many Phoenix dealerships have reported fewer cars on the lot, that means that you can get top dollar for your trade-in vehicle! Find out how to navigate the current auto market with Cactus Jack's Auto, and stop by one of our locations for more car-buying tips!

 

 

Is Now a Good Time to Buy a New Car?

Let’s get into specifics: is now a good time to buy a new car? New car prices may be higher now than they have been, but it’s important to look at the big picture. If you want a new car when there’s no real reason to upgrade, you might prefer to splurge on accessories or customization work in the meantime.

But if you want a new car to replace an old clunker that’s past its prime, it might be worth the investment. Think about the price of your repairs vs. the advantages of warranty coverage – and don’t forget to check out our pre-owned vehicles!

Is Now a Good Time to Buy a Used Car?

Let’s say you’re not interested in a brand-new car, but you’ve got your eye on some pre-owned models. Is now a good time to buy a used car? Yes, there are some advantages to shopping the used market in Surprise and Glendale. The demand for used cars is higher than ever. While this means used models get purchased quickly, it also means there’s more turnover. Many pre-owned models these days are former leases, which means you can get a like-new car for pre-owned prices!

Is Now a Good Time to Trade In a Car?

Right now is a prime time to trade in a car. Think about this hypothetical situation: You have an old car that’s normally worth $15,000. You check the market value and find that it’s now worth $20,000. That means you have $5,000 of extra money in your budget than you expected!

Find Out More with Cactus Jack's Auto

Whether you’re still weighing your options or you’re ready to start shopping, visit Cactus Jack's Auto at one of our AZ locations to find out more about your financial options. We’d be happy to answer any questions about buying a new vehicle in the Mesa area, so feel free to chat with our GM at any time to find out more or view our current inventory.

 

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