When's the best time of year to buy a new car and snag the most outstanding deal? Labor Day is usually in the mix. For the upcoming holiday weekend, though, the consensus seems to be that the deals on new cars will be underwhelming, and that consumers who wait for a few months to buy will be rewarded with much better prices—more options too.
Three weeks ago, with crude oil prices plummeting and the stock market in turmoil due to the U.S. debt downgrade, experts foresaw a steady decline in gas prices for consumers. Indeed, prices dipped for a while, but now, after the national average price rose 5¢ per gallon over the past week, the typical gallon at [...]
For months, factors ranging from the rise in gas prices to the Japan earthquake-induced decline in supply have driven the selling prices of new and used cars alike to all-time highs. Now that vehicle production is mostly back to normal, more cars are becoming available to consumers, and with the increased supply, automakers and dealerships [...]
Something tells me that even though (on the East Coast anyway) it’s late in the work day on a Friday that kicks off a holiday weekend celebrating the working man and working woman, there are still plenty workers still at work as they read this. How’s that working for ya?
