For the past few years, new-car prices have obviously been climbing, so it’s nice to learn that there are some traditional Memorial Day deals out there this year. With the pandemic fading away and the related supply-chain problems sorting themselves out, we’re back to perks like low financing offers and factory discounts. The best deals…
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New Car Deals: Is Memorial Day a Good Time to Buy a Car?
Many companies featured on Money advertise with us. Opinions are our own, but compensation and in-depth research determine where and how companies may appear. Learn more about how we make money. Memorial Day weekend is one of several holidays the auto industry celebrates with sales and special marketing, but does that mean it’s actually a…
Car dealerships encounter more shoppers paying cash
“What’s causing that is that so many people have gotten sticker shock” at the interest rates available, Eleazer said. Customers are not aware of the rise in interest rates that have taken place since the first quarter of 2022. When a customer whose last loan had a 2.9 percent APR is offered 7.9 percent today,…