Is Now a Good Time to Buy a Car?

You may have heard and ready during 2021 and leading into 2022 — like this Money article — that now’s the worst time to purchase a car. That’s not true! While there is an industry-wide inventory shortage, that doesn’t mean that it’s a bad time to trade in your old car for a new or pre-owned vehicle — especially when one is needed and leasing isn’t an option at this time. Now is an excellent time to trade in your vehicle. The extra boost in value helps offset the higher prices of cars.

Is Now a Good Time to Buy a New Car?

It’s no secret that new car prices are higher than they’ve been in a while. Currently, there’s no getting around that, but it’s essential to ask yourself this: what’s your situation? How vital is a deal? Can you wait or is a new car needed now?

For example, if you’re currently driving an old car that requires lots of money in repairs and you don’t want to keep sinking money into it, buying a new car can be a smart financial decision. It’s best to speak with our finance experts about your financing options. Be sure to check out our new vehicle specials and apply for financing to see if you qualify.

Is Now a Good Time to Buy a Used Car?

Like with new cars, used vehicles are more expensive than in the past, but there’s good news for Woodlands car shoppers looking for a quality vehicle in the Houston area. Since used cars are being swiped up faster, many of them are coming off previous leases. This means they’re more reliable than your average used vehicle.

Be sure to take advantage of our pre-owned specials and car payment calculator that allows you to estimate your monthly car payments in minutes.

Find Your New or Used Car in Spring!

Now that you know it’s a good time to buy a car, we want to help you find your next new or pre-owned vehicle near Cypress at North Freeway Hyundai. Contact our sales team for additional information or to schedule your test drive. We can’t wait to get you behind the driver’s seat of your next vehicle!