EJ

EJ

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Looking To Get A New Car? Here's How You Can Save Money During Inflation

Inflation is hitting everywhere and especially in the car market. Below are some tips to help you if you are looking to get a new, according to ABC 7.

Last month the average price for a new car was a little over $47,000 and it's up more than 13% from a year ago. Although right now is not a good time to buy a car, there are some ways experts suggest to help you find a good deal.

  • Figure out what you want and have other options.
  • Certain brands cost more than others for a similar type of car so you might save money if you choose a different type of car.
  • Have financing in place when you are shopping to get pre-approved for a loan.
  • Check car buying apps and local dealership websites to see what's available.
  • Look into other areas away from your home to get more cars that are available.
  • If you find a car you like, don't hesitate.

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