Is Now a Good Time to Buy a Car?

Man and Woman Signing Contract

 

You’re not alone if, like other Middletown drivers, you’ve been wondering, “Is now a good time to buy a car?” There is a lot going on globally, and supply chain issues are a current fact of life. Still, the best time to buy a new car is when your existing car costs more to maintain than its worth. Compass Volkswagen understands that keeping your current vehicle may save you from having to make a monthly payment if it’s paid off, but if you feel unsafe on Port Jervis streets, it’s not worth the hassle. Learn why now is a good time to buy a car from Compass Volkswagen. 

When is the Best Time to Trade-In Your Car?

Is now a good time to buy a new car? It sure is! At Compass Volkswagen, we take the hassle out of trading in your car and getting a new one. Plus, we’ll give you top dollar for your trade-in! Right now, there is a shortage of quality used cars. So, that means it’s a great time to trade up! Also, the prices of pre-owned vehicles tend to be higher in the spring because that’s when many Newburgh drivers get their tax returns. Here are some things to consider when deciding to trade in your current car for a new one.

  1. Take time to research and determine the value of your existing car. You can use the Compass Volkswagen value your trade-in tool or Kelley Blue Book. 
  2. Bring your car to the Compass Volkswagen service center and ask our certified technicians how much they think it may cost to maintain it over the next year.
  3. The value of your car depreciates over time, so if the money you would spend on service and repairs might be better spent on a down payment for your next vehicle, then now is the time to buy a car!

Holding on to your old car is only wise if it’s still reliable and you don’t have to spend much on repairs. If your car is in good shape, keeping it a little longer might help you save up more funds for a larger down payment, which ultimately means lower monthly payments for you. Remember that interest rates are forecasted to increase soon, though, so why wait?

Is Now a Good Time To Buy a Used Car?

Many factors are influencing pre-owned car values and making them increase in price around Goshen and beyond, including the global semiconductor shortage, labor deficiencies in manufacturing, and the pandemic. If you think finding the perfect new car for you might be too difficult right now, there is a solution. You can order your new Volkswagen through Compass Volkswagen and then trade in your existing vehicle when your new one arrives! 

Shop for Your Next Car at Compass Volkswagen Today

Is now a good time to buy a car? We believe it is! Whether you’re in the market for a new or pre-owned vehicle, now is a great time to buy a car. It’s simple and hassle-free to sell your current car to Compass Volkswagen. We invite you to apply for credit online or at the dealership, and please browse our new vehicle specials to see if you can secure an incredible deal. Then, contact us to go for a test drive!

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