Certainly, the COVID-19 pandemic has changed the way we as consumers juggle our finances. For a while, it seemed like the only thing we were interested in buying was food, hand sanitizer, soaps, and toilet paper. However, as things have gotten better, there are now tremendous values to be had on the market, including purchasing a used vehicle.
Here’s why now is an optimal time to invest in a used car.
Buying a Used Car Means a Shorter Commitment
With the future ambiguous from the pandemic, most people don’t want to have to sign away too far in the future, like you would if you bought a brand new used vehicle. However, by purchasing a used one, it’s almost inevitable you can find one that suits your needs and doesn’t come with a super long payment plan.
The Market Has Great Values Right Now
Like many businesses, used car dealerships either temporarily had to close or saw business as slow during the early months of the pandemic. As such, they’re eager to sell and unload inventory…which means it’s a great opportunity for buyers to obtain deals they otherwise wouldn’t have been able to!
Interest Rates Are Low
What’s more, interest rates are as low as they’ve been in the past five years, meaning you can get a great deal from your bank, further reducing your monthly payment. Nevertheless, if you work with a ‘buy here, pay here’ dealership like 443 Auto Sales, you have the opportunity to work out a payment plan directly with the dealer, rather than having to go to a third party.
Those are just some of the many reasons to consider purchasing a used vehicle right now. For more information about 443 Auto Sales’ inventory, contact us today.