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10:05 here - I randomly visited a few dealerships today to see cars in person. I needed to get an idea of how big things are (ex: the latest CRV is wayyyyyy longer than I anticipated, will probably need to go down to an HRV). Got a GREAT offer on my existing SUV but didn’t see anything I want to buy. I might just stick with what I got.
Will still need to buy my mom a car in the next few months though, so wish me luck. |
| Terrible, my car got totaled in a flood and nothing was available at my dealer except a floor model. Otherwise it would be months. |
This. We found one dealership within about 100 miles of us that wasn't adding $3000 on from the get go. |
| Got one at MSRP plus tax, tag, and processing fee of 500 |
Agree. Highlander was our first choices based on several things but we have decided on principal we just can’t buy one. The Toyota dealers around here seem worse than the other brands. No thanks. |
| I've been in the market for a 2nd car for our family for 3 months. I have explored and researched almost every approach (craigslist beater / used 10 year old car / new purchase). I have test driven a bunch of used cars, and haggled with many dealers for an out the door price in 10-12 year old cars. They are still egregiously overpriced for what they are (been specifically looking at Toyota SUVS) and after all this time my husband and I have decided we can wait a little longer, get by with our 1 car, and watch and see what happens over the next 4 months as model years turn over/ the market shifts. I have so much data saved about pricing it will be easy for me to check back in November and see trends for the particular cars we've been looking at. |
Sienna has a 5K markup with 9-12 month wait. Carnival has a 3.5K markup with 1-2 month wait. |
Ummm no |
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We need to buy a new car pretty much right now. Preferably a hybrid SUV which was the plan for maybe next year, but the time has come. What can we expect ? Are there cars on lots to buy? Are they overpriced? Is there a long wait?
Or, do we lease for a year or 2? |
| You'll have better luck buying a 'new', lightly used car. Demand for used cars is slightly softening whereas demand for new cars is still through the roof (thanks to price-insensitive rich people!). |
Quite the analysis. Maybe people need a vehicle now die to any number of circumstances and don’t want to buy a ten year old car priced as if it was new. People financing for 84 months don’t exactly fit the “rich” demographic — whatever that means. |
Definitely don't want a used car. We've had serious issues getting repairs on simple things due to lack of staffing in auto repair shops, parts due to supply chain issues. Which is why we now have a bigger problem. Definitely want new and a hybrid if possible. Also want all thr new saftey technology. |
I need to buy a car and I wouldn't be opposed to buying used. I've always bought certified used cars in the past but the savings were significant. I'm not willing to buy a 3 year old used car just to save a couple thousand dollars. |
Depends so much on which car specifically. Honda Pilots are easy to get right now for example. We need more info. |
A low mileage 3 year old used vehicle often sells for the MSRP or above of a new vehicle. Parts and supply chain issues are real and do not appear to be lessening much. |