Reasons Why Now Is the Best Time to Buy a New Car?

An old car may not be a safe car any more. This is especially true if you’ve had it overhauled or it has had major repairs in the past. Driving an old and unsafe vehicle can also get you in trouble with the law. Of course, an automobile that’s not in the best condition can be a safety hazard, which can be a valid reason for you to be fined a substantial amount.

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So if you don’t want that to happen, you should consider retiring your old ride the soonest time possible. This is because based on recent reports, now is the best time to go vehicle shopping. Why is that? Two compelling reasons to do so:

  1. Fuel prices have taken a dip recently.

Due to the declining prices of gasoline in the past few months, the demand for SUVs, crossovers and other similar types has enjoyed a boost. According to Ford Motor Co., the sale of utility vehicles and trucks have increased from 68.5 percent in 2013 to 72 percent this year.

  1. Top cars will be on sale later this year.

It is also reported that major players in the auto industry are going to offer lower prices for some of their models. General Motors Co. for example are trying to boost their profit by lowering the price for their large SUVs. Ford’s F-150, with its new aluminum body, is expected to go on sale in the last quarter of the year.

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So if you’re considering retiring your old junk (for the main reason that it’s mostly unreliable), you should start shopping around for a new car today. To make an informed decision, you should take the time to consider several factors before making the purchase. These include the road tax, car insurance, maintenance, capacity and most of all, safety features.

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You want a vehicle that’s more than just a mode of transportation – it has to be a good investment for you. After all, a brand new car doesn’t come cheap. You can check out car buying tips as well as maintenance advice on our blog to keep you in the know.

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