Any advice on buying a used car in this market or should we just wait it out? My wife started a new job recently and drives hundreds of miles per day and I would like to get her something newer and more fuel efficient.
We shopped the last 3 weekends and the experience was horrible. She wants either an Accord or Insight with around 30k miles or less. Even used, they're priced around original MSRP.
Tried to buy a certified Insight with 13k miles and was willing to pay original MSRP and at the very last minute was told there's a "Dealer accessories fee" of $2,500 on every new car, used car or ordered car. No negotiation. Essentially floor mats and nitrogen filled tires. 2 separate trips the dealership and 4hrs of our time and that never came up in conversation.
Every dealer in my area has these same sort of fees and it is frustrating. Not to mention, used cars of good condition are few and far between.
Carvana seems more and more attractive at this point but I'm not sure I can trust the condition of the cars.
I'm not sure I have something in stock currently, but feel free to check it out.
www.chuckandersonford.com
I would start worrying about it once it actually shows symptoms. The CVT shouldnt go bad from one day to another, at least that wasnt the case with my friends car.
Used car market wont settle for a while like how it was. As someone posted, best bet is to order a new car or just wait it out the most you can. Prices have been decreasing every month.
Actually last month wholesale prices went up 1.4%.