Autos

Discounts on new cars are hard to come by. How to find a good deal

0


David Paul Morris | Bloomberg | Getty Images

Being in the market for a new car right now is challenging, to say the least.

Heading into the long Labor Day weekend, transaction prices remain elevated. While the three-day stretch normally marks when dealerships hold big sales events to clear their lots and make room for next year’s models, low inventory and strong consumer demand mean fewer incentives are needed to sell cars.

“It’s a tough environment,” said Kelsey Mays, assistant managing editor for Cars.com. “I don’t think it’s a surprise to shoppers, but that doesn’t make the situation any easier.”

An ongoing global shortage of microchips — key components needed for today’s autos to…



Source cnbc.com

0 0 votes
Article Rating

Shell looking to develop floating offshore wind farm in South Korea

Previous article

Homebuyers not worried about climate change: Redfin CEO

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Autos