Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There’s a lot to unpack here. Car prices won’t change anytime soon and if they did, it won’t be a significant decrease. We are getting close to the end of the model year so availability for new cars should tick up slightly.

With a 2 mile commute, Uber may be cheaper for you.

And if you are short on cash, finance the car purchase. Rates are usually so low that it doesn’t really make sense to lay out that amount of cash.

This. And applies to all items that went up with the pandemic e.g. cars, lumber, food, electronics, etc.

I mean, lumber just plummeted. It's still more expensive than it was pre-pandemic, but it's a lot less expensive than it was 3 months ago. Not unreasonable to think that op could get the same car closer to the end of the year for a few thousand less.

This isn’t lumber we are talking about. There is a chip shortage that is very real and isn’t getting better any time soon. Also, if demand is there, why would there be any incentive to lower prices?

It's exactly like lumber, even though, yes, cars are not made of wood. When supply goes back up, there will be downward pressure on prices. Who knows when that will happen, but this is being driven by a short-term problem that will be resolved eventually. The same thing has happened with toilet paper, masks, and the gas shortage, and about a billion other things during this crazy time. I also think people freak out and rush to buy (see gas shortage that was made way worse by humans' tendency to panic buy).

Are you taking any time off with the baby? Might want to wait until after maternity leave (since you’ll be home anyway) and car share with your spouse/uber until then…

You’re looking to buy a used car, right?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There’s a lot to unpack here. Car prices won’t change anytime soon and if they did, it won’t be a significant decrease. We are getting close to the end of the model year so availability for new cars should tick up slightly.

With a 2 mile commute, Uber may be cheaper for you.

And if you are short on cash, finance the car purchase. Rates are usually so low that it doesn’t really make sense to lay out that amount of cash.

This. And applies to all items that went up with the pandemic e.g. cars, lumber, food, electronics, etc.

I mean, lumber just plummeted. It's still more expensive than it was pre-pandemic, but it's a lot less expensive than it was 3 months ago. Not unreasonable to think that op could get the same car closer to the end of the year for a few thousand less.

This isn’t lumber we are talking about. There is a chip shortage that is very real and isn’t getting better any time soon. Also, if demand is there, why would there be any incentive to lower prices?

^ Meant to add that I had just given birth and didn't want to shop around in person, so I contact dealers via email and negotiated via email as well.

We financed a new basic Japanese car (but got a deal because it was last year's model). With such low rates, it made sense. I suggest you do the same.

Or better yet, lease a new one!

Get a Pacifica. Best minivan ever. Enterprise sells them - 2020 with about 44k miles 29k. they finance there

Anonymous wrote:

Anonymous wrote:There’s a lot to unpack here. Car prices won’t change anytime soon and if they did, it won’t be a significant decrease. We are getting close to the end of the model year so availability for new cars should tick up slightly.

With a 2 mile commute, Uber may be cheaper for you.

And if you are short on cash, finance the car purchase. Rates are usually so low that it doesn’t really make sense to lay out that amount of cash.

This. And applies to all items that went up with the pandemic e.g. cars, lumber, food, electronics, etc.

I mean, lumber just plummeted. It's still more expensive than it was pre-pandemic, but it's a lot less expensive than it was 3 months ago. Not unreasonable to think that op could get the same car closer to the end of the year for a few thousand less.

I would I just do uber. Cancel your insurance too. Cars are actually very expensive. Even cheap ones.

Anonymous wrote:There’s a lot to unpack here. Car prices won’t change anytime soon and if they did, it won’t be a significant decrease. We are getting close to the end of the model year so availability for new cars should tick up slightly.

With a 2 mile commute, Uber may be cheaper for you.

And if you are short on cash, finance the car purchase. Rates are usually so low that it doesn’t really make sense to lay out that amount of cash.

This. And applies to all items that went up with the pandemic e.g. cars, lumber, food, electronics, etc.

There’s a lot to unpack here. Car prices won’t change anytime soon and if they did, it won’t be a significant decrease. We are getting close to the end of the model year so availability for new cars should tick up slightly.

With a 2 mile commute, Uber may be cheaper for you.

And if you are short on cash, finance the car purchase. Rates are usually so low that it doesn’t really make sense to lay out that amount of cash.

Our old car finally died, we had been hoping to keep it around till Novemberish with the hopes that car prices come down a bit. We also had a few other costly things surprise us, so it’s not the best timing. I’ve always outright purchased cars, never leased a car. Anyone have experience on that vs financing a car? Would it be worth it to just like rent a car/Uber for a few months or use public transportation for a few months and wait for car prices to come down? Or is that just wishful thinking? We used to have just one car, but I’m super pregnant now and can’t get around as well as I used to. I only work 2 miles from home, but we need a bigger car with third baby on the way.