There Are More New Car Deals To Be Had, But Used Cars Are Still the Better Bargain
While new car prices have dropped by just 2% in the past year, used car prices have fallen by 7%, and most 1-3 year old cars are falling faster in price than their new counterparts Used electric vehicle inventory has grown significantly, bringing more affordable models into the market If you can wait, there will be more deals on new cars in the coming months as dealers will slash prices and offer incentives to move record-high inventory off their lots