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June 21, 2022

High prices, low inventory, a new norm for car shoppers

  • Much past car-buying advice, based on a pre-pandemic world, is no longer effective.
    • By RONALD MONTOYA
    Edmunds

    iStock image
    You can’t simply walk into the dealership expecting to find bargains, incentives or even the vehicle you want.

    Shopping for a new or used car over the last couple of years, has become a more challenging endeavor, thanks to issues from the aftermath of the COVID-19 pandemic. The changes to the market have been so impactful, that much of the car-buying advice and techniques we'd recommend, are no longer effective, as they were based on the rules of a pre-pandemic world. With this in mind, here are a few issues you need to know about the current car-buying climate, plus tips on how to best manage them.


     
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