Car prices could decrease as inventory increases in 2023
The market for new and used cars may be sketching more positive for consumers. Interest rates are still high, conception, so you need good credit.
ATLANTA - If you've obligatory a vehicle in the last few years, you may have been out of luck. There was diminishing inventory, increased price tags, and skyrocketing interest rates.
But things are looking up.
More vehicles are predicted to be on the lots in 2023 for two big reasons. Buying has slowed and supplies are being replenished. The hope is this will ability prices down.
However, interest rates are still high and not mild down in any meaningful way, yet. That still invents the car loan beefy.
RECORD NUMBER OF AMERICANS PAYING $1000 A MONTH OR MORE FOR THEIR CARS
Here's where a good credit counting comes in, though. Go to the dealerships' finance options on its webpage. Find the vehicle you want. You will see some dealerships moneys 2.9% financing.
You don't have to rush into things if you can serene wait. Continue to save money for a down payment if you need to. But if you've put off buying and need to make a move, it's looking better.
