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Is this the right time to buy a car. Most of the dealerships having 5k$ discounts on new cars. What do you think? Will the rates fall down more than this?
Where are you getting 5k discount? I am also looking for new cars but couldn’t find anything below MSRP
Check Kbb
Every dealership that has huge inventory is doing this. Right now some dealerships have cars with over 250 days sitting on their lots. Few Dodge dealerships offering 10k+ off on the MSRP too. It seems to be a buyers market for cars now.
Just go buy something with in your budget. You have respect your time , don’t wait for a good deal rather use that time for something else more worthwhile
Sometimes shopping around can save a lot. For example 5k is definitely a lot for me.