Is Now a Good Time to Buy a Car?

Some Traverse City drivers mistakenly believe that now is not a good time to buy a car in Traverse City because of high inflation and the global chip shortage. But we at Serra Volvo Cars of Traverse City think that now is a good time to buy a car.

While there are new and used vehicle inventory shortages throughout the United States, that doesn’t mean it’s a bad time to buy a car – especially if your current situation shows that you need a new ride! Plus, if you have a trade-in, now is an excellent time to get top-dollar for your old vehicle. Here the team at Serra Volvo Cars of Traverse City answers the question, “Is now a good time to buy a car?” And if you want to explore our used car inventory, contact us or shop online.

New VehiclesContact Us

Is Now a Good Time to Buy a New Car?

New cars cost more now than in the past due to inflation and other issues related to the pandemic. So, that means you may not get the usual discounted price, but if your car feels unsafe or unreliable on your drives around Garfield Township and continually needs more and more money to fix, then buying a new car – even at full price – is a smart financial decision. We invite you to explore your financing and leasing options with the Serra Volvo Cars of Traverse City finance specialists.

Is Now a Good Time to Buy a Used Car?

Used car prices are also higher because of inflation, but there’s good news for Kalkaska drivers shopping for a pre-owned vehicle. Pre-owned cars are in extremely high demand and are selling faster than ever. Plus, lease returns are common, and leased Volvo models are more reliable than the typical used car you find on most used car lots around Interlochen. 

When is the Best Time to Buy a Car?

So, when is the best time to buy a car? Now is a good time to buy a car! Also, watch for sales during the holidays or at the end of the year when dealerships are trying to clear out old inventory. And remember, there has never been a better time to trade in your car! 

Check out the following example. Let’s say that using our payment calculator to estimate your monthly payment, you’re trying to see if purchasing a used Volvo XC60 listed at $35,000 is wise. If the XC60 T6 Momentum typically sells for $33,000 (so it is now $2,000 more) but you’re trading in a car that would usually fetch $20,000, but now you can get $23,000 for it, you’re coming out $1,000 ahead!

Find a New or Used Car at Serra Volvo Cars of Traverse City!

So, now that you know that now is a good time to buy a car, why not visit us at Serra Volvo Cars of Traverse City in Traverse City to find your next vehicle? Please browse our extensive inventory online or at the dealership, including our Certified Pre-Owned Volvo models. Let’s get you into the car of your dreams today! Contact us now!