Americans keeping their cars for longer periods of time



In addition to the stuff in the article, many car dealers are screwing themselves for short term greed. A shortage was created during COVID, but now it is artificial (excluding the current strike by domestic automakers), many dealerships are selling cars ABOVE MSRP. The local Toyota dealership sold used Toyotas for more than the current model year Toyotas. Its NUTS!!!
 

Car dealers reveal the 9 questions you should always ask before buying​


Most shoppers don't like car buying — but there are some ways they can make the experience a little less painful.

From conversations with dealers and industry analysts from Edmunds, J.D. Power, Kelley Blue Book, TrueCar, Cox, and more over the past several months, we've compiled the questions consumers might want to ask before they make one of their biggest purchases.

What type of car should I look for right now?​

This could be an easy one if a buyer knows exactly what they need and want in a vehicle. But if you're somewhat flexible or need some pointers on what kind of car to go for next, then the brand, type of vehicle, and inventory will likely all influence your final decision. In today's market, there are a lot of nuances to keep track of.

What's going on with new car prices this year?​

The pandemic sent new (and used) vehicle prices skyrocketing over the past few years.

For the most part, new car prices aren't as intimidating as they were during the peak of COVID, but they also aren't falling at a rapid pace.

The average transaction price for a new vehicle was $48,763 last month, according to Kelley Blue Book.

Shoppers might want to avoid certain models if they want the best deal. They also might want to look at the best cars for every budget.

 
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