If you are looking to buy a new car now is as good a time as any. In fact, now may be the best time for a long, long time. Automakers are finally starting to see some resurgence in sales of new automobiles, but so far financing rates have remained low. This combination of automakers who are looking to sell and banks who are looking to loan you money, means you can get a great deal on a new car today.
Car Sales Are Rising
In the United States, auto sales rose 20 percent in February. That is the highest jump since the Cash for Clunkers program in 2009 spurred many to trade in their old cars for new ones.
Yes, for sure, there is renewed interest in buying new cars. After three straight years of a slow decline, the numbers are gradually creeping back up.
This month General Motors, Nissan, Ford, Chrysler and just about everyone with a new car to sell are offering zero-percent interest rates on auto loans. If you would rather lease your next vehicle rather than buy you can find great deals to do that, too. Acura and Cadillac have lease deals for zero-percent down. That means you can drive away a new car for no money and they pay for the ongoing maintenance.
Shop Around for the Best Deal
The best advice for new car buyers today is, even if you have a very high credit score and think you are being offered the very best deal, shop around. Don