Is Now a Good Time to Buy a Car?

Buying a car during a time when prices are high and inventories low may seem counter-intuitive — but many Rye drivers are surprised to learn that if you plan to trade in your current car for a new one, now is a good time to buy a car. Why might that be the case? Although you’ll pay more for your next vehicle, you’ll also be paid more by the dealership for your old car. In fact, low stock at Stamford-area dealerships used cars are bringing record-high trade-in prices. That’s great news for anyone looking to sell a car in 2023!

Is now a good time to buy a new car, or is it smarter to stick with a pre-owned model? As long as you have a vehicle to trade in, whether your next car is new or used won’t matter. Learn more about new and used car financing at Mercedes-Benz of Greenwich in the guide below, and don’t hesitate to reach out if you have any further questions.

Is Now a Good Time to Buy a New Car?

It’s no secret that new cars cost more now than they have in quite some time. Understandably, that’s caused many would-be buyers in New Canaan that now is not a good time to buy a used car or a new car.

However, many dealerships have worked hard to get around these difficulties and offer more options to their customers. Ask our team about custom ordering a new vehicle straight from the factory — an exciting process that allows you to design your new vehicle down to the last detail. Not only is this a great workaround if you can’t find the right vehicle on the lot, but you’ll get even more of the features you want without paying for anything that you won’t actually use.

Is Now a Good Time to Buy a Used Car?

Used cars are flying off Darien dealership lots faster than ever, but this isn’t necessarily a reason to put off buying a used car if you really need one. Now that dealerships have largely cleared out their inventory of older used models, many of the used cars you find for sale right now are coming off three-year lease terms and have only had one previous owner. For Greenwich car buyers, that means like-new performance and reliability for a lower price that won’t take as long to pay off.

Explore Your Auto Financing Options at Mercedes-Benz of Greenwich!

Whether your current car is paid off or not, we’re happy to take it off your hands and add it to our pre-owned inventory. As ever, our team of auto finance experts is here to help you decide whether now is a good time to buy a car or if it makes more sense for you to wait until prices are lower and inventories are replenished. Check out our online buying resources to start exploring whether a new or used car is a good fit for your budget!