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Is Now The BEST Time to Buy a Car?

Used car prices have jumped again unexpectedly, which suggests that inflation is increasing and impacting car buyers. This news squashes the optimistic predictions that inflation is heading downward, as the Federal Reserve continues to hike interest rates. Used car prices have increasingly become a point of interest for investors as a barometer for measuring and easing inflation. The White House is blaming much of the rising inflation rates starting in the first half of 2022 on the used vehicle market and not other economic factors. Used car prices are a leading indicators in the Consumer Price Index (CPI), making up 4.5 percent of the survey. Over the last six months, used car prices fell as demand fell, with interest rates starting to rise again, buyers are paying cash and demand has returned. The car market remains volatile, shopping for a new or used car over the last few years has become a frustrating and expensive undertaking. Car shoppers have had to deal with vehicle shortages, high prices, dwindling incentives, and rising interest rates. So is now the best time to buy a vehicle? Thanks for watching and subscribing. 0:00 #usedcars Prices Pop Back Up Due To #inflation Rising 0:41 used car prices - CPI 1:12 is now the best time to buy? 1:34 used vehicle prices 2:00 ‪@coxautomotive‬ data 2:32 credit unions vs banks 2:48 average car cost 3:08 average new car prices up 3:29 parts and chip shortages 3:46 buying off your lease 4:03 best time to buy a new car 4:20 dealer incentives 4:33 How to get the best price ‪@edmundscars‬ ➡️ Thanks for your support! https://www.buymeacoffee.com/laurenfix ⬇️. Check out our new podcast on all platforms: Total Car Score ► https://www.revolverpodcasts.com/show... with Lauren Fix, @KarlBrauer, and @JavierMota. ⬇️ Social media: Twitter: ►   / laurenfix   Facebook: ►   / lauren.fix.the.car.coach   Instagram: ►   / laurenfix   MeWe: ► https://mewe.com/i/laurenfix CloutHub: ► https://clouthub.com/laurenfix Parler: ► https://parler.com/user/LaurenFix Gab: ► https://gab.com/LaurenFix Truth Social ► @laurenfix Substack: ► https://carcoachreports.substack.com/ ⬇️ Website: CAR COACH REPORTS - car reviews, expert advice, and Car Smarts: ► https://www.CarCoachReports.com in English and Spanish ⬇️ Get My Book: ** Lauren Fix's Guide to Loving Your Car ► https://amzn.to/3ifDi3j ⬇️ Free Monthly Newsletter - Car Reviews & Saving Secrets: ► https://carcoachreports.com ⬇️. See more Car Coach Reports Auto News & Car Reviews - https://www.carcoachreports.com Breaking News ►   / laurenfix   Auto Education ► https://carsmarts.com His Turn - Her Turn™ Car Reviews - https://histurnherturn.com/ SUPPORT INDEPENDENT CREATORS The Fix Family has taken generations of passion, pride & automotive expertise to create unique auto products & books that will keep you, your family & cars safer and running better for years to come. ⬇️ Our Gear ► https://kit.co/CarCoachReports/our-st... Music by subscription: Epidemic Sound ©Automotive Aspects, Inc., 2023. All Rights Reserved. #news #yahoo #cnbc #car #market #foxnews