Historically, the end of the year is a good time to buy a car; however, with ongoing chip shortage and subsequent vehicle shortage, prices have hit record highs on both new and used autos. The average price for a used car was $28,381 in the first quarter of 2023, according to Edmunds. And, according to Car and Driver, the average price of a new … [Read more...]
Get the Best Deal on a Vehicle in 2023
Is It a Good Time to Buy a Used Car?
Trying to buy a used vehicle over the past couple of years has been challenging. Higher costs and lower inventory due to new-vehicle production disruptions were among the reasons why used cars weren’t representing as much of a value to the consumer as they had previously. However, experts believe that 2023 will mark a return to normalcy when it … [Read more...]
Three Reasons to Consider Refinancing
Considering an auto refinance can be a big decision. There are pros and cons to refinancing so it’s important to look at both before you decide. How does refinancing work? Refinancing means that you are paying off your current loan with a new loan. Depending on your situation, the refinance can lower your interest rate, your monthly payment, or … [Read more...]