Automotive Deals

Is now the time to buy a car? Here’s what we know

Both new and used cars continue to be more expensive due to ongoing inventory shortages and high interest rates according to Edmunds. If you are considering buying a new or used car, auto industry analysts say if you can wait, then you should. But how long? They don’t know. “Is now the time to buy? It depends,” Chris Hopson, principal analyst at S&P Global Mobility, told The Tennessean. “Is the car market better than it has been? Yes. Is it the same as pre-Covid? No.” Hopson compared the car-buying market right now to the crazy, unprecedented weather happening across the…