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Reply to "good time to buy a car yet?"
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[quote=Anonymous][quote=Anonymous]I've been interested in buying a new family minivan (Honda or Toyota) for a couple of years but have stayed away until prices normalized? Are things back to normal yet? Meaning - are prices back to MSRP or even able to negotiate lower? I realize interest rates are going up but I wouldn't need to finance much after trade-in and cash. Are there long waitlists for new cars? [/quote] Just got quoted $7,500 over MSRP for a new 3-row (non-luxury) crossover SUV. But it was a bluff. Salesperson was willing to go MSRP after 60 seconds of discussion. From this and several other dealer interactions, I've gotten the sense that the market is softening. My best guess: market will be much more buyer-friendly by fall. I'm waiting until then to buy.[/quote]
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