With new cars selling for above sticker price, and used-car prices hitting record highs, it can seem impossible to find a good deal. Here are the smartest strategies
allow you to research makes and models, as well as reviews and prices. Whether you can get a better deal on a new or used car will depend on the type of car you are interested in, the model and the trim, says Mr. Drury.
You might also consider widening your search, says Michelle Krebs, executive analyst at Cox Automotive. Florida and Texas currently have limited inventories, but, if you can swing it, New York and Washington, D.C., for example, have more availability, she says.Consumers who find themselves disheartened after realizing that they might have to concede on the color, or even the brand, of car might instead consider leasing for a short period to see if the market improves.
You should also try calling around to various dealerships to determine whether they can be flexible on price, and whether they might have information about vehicles that aren’t yet listed. “Working with a dealer right now may be the best way to find what you’re looking for,” says Mr. Jominy.
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