I just bought a Jeep for my teen driver. Here's what I learned about the used car market
Publishing timestamp: 2024-10-26 09:00:01
Summary
Used car prices have skyrocketed, making it difficult to negotiate due to increased transparency. Prices for both new and used cars have increased significantly in recent years, with high-tech features driving up costs. Finding a car for less than $30,000 is nearly impossible, and dealerships are less willing to negotiate. Securing a financing offer with a lower interest rate is advised to save money, but overall, consumers may end up spending more than initially planned.
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Keywords: toyota motor corp, auto loans, business news, personal finance, autos, personal saving, breaking news: investing, auto insurance, inflation, investment strategy, interest rates, family finances,