Two-year old used cars are going for original list price now. The dealers have trouble getting them too.
If you do buy anything, let the dealer finance it. You may get a slightly better sale price. Then pay off the note right away with a credit union loan or similar financing. Dealer financing is usually a bad deal.
Two-year old used cars are going for original list price now. The dealers have trouble getting them too.
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You ain’t lying. A few days ago I was on one of my favorite automotive blogs and a professional auto buyer actually was showing a screenshot from a dealers inventory on a 2019 Ford Fiesta. What about 40,000 miles. They were actually asking more than the MSRP of that same car when it was brand spanking new.
Dealer financing is usually a bad deal.
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Wrong. Dealer financing is usually a great deal. If you have a good credit. I just checked current Honda finance rates. On some models you can get 0.0% financing. And other models it’s 1.9%.
Better than the credit unions.
And if you don’t have good credit? Keep driving that junker you currently have and save your money to pay cash when you can afford a car.