Used cars might turn out to be a luxury for some people, especially if the prices suddenly rise. However, according to the research reported by the Inquisitr in February of this year, nothing can be sudden about used car prices– they are tightly connected with sales of new cars.
“Used car prices are always firmly tied up with the sales of new cars – and as they were strong in the end of 2014, we can expect this tendency to remain strong in 2015. When a person buys a new car, he tends to trade in his old one, which leads to the increase in inventory of used cars, which in turn results in increased supply and decreased used car prices.”
But one doesn’t always have a possibility to wait for a rise of new cars sales. Sometimes, it’s necessary to look for the best available deals at the moment. Fortunately, there are many factors that cause varying prices. For example, a vehicle’s mileage and general condition matter a lot, as well as the car model. One can look up all brands here and then decide which car type and model suits that person best.
According to the U.S. News, there are many good deals offered by car manufacturers this month.
“Chevrolet is offering 1.9 percent financing in May, but only on the CPO Cruze and Sonic, and Buick is offering 1.9 percent financing on the CPO LaCrosse. Ford is offering 1.9 percent financing on four CPO models, and Mini is promoting the choice of 0.9 to 1.9 percent financing on CPO vehicles from the 2012 to 2013 model year or a two-payment credit. Nissan has a used car deal this month of 0.9 percent financing for three years on any CPO vehicle, or $500 cash, but the cash is only available on some CPO models. Subaru is offering financing as low as 0.99 percent on all 2010 to 2015 certified pre-owned models this May, and a number of certified pre-owned Toyotas are available with 2.9 percent financing in many areas. CPO Volkswagens can be purchased with 2.29 percent financing for five years.”
Certainly, one can always wait and hope to find a better deal for himself in a while. However, miracles rarely happen – and if there is a need for a car, it’s always more reasonable to be a realist and to act without setbacks. If anything, in case of a better deal, one can try and exchange their car.