🚗Never pay over MSRP for a new car, even in a shortage.
💲Compare prices of used cars to new cars of the same model to avoid inflated prices.
⏳Be patient and take your time to research and choose the right car.
💯Don't be desperate to buy a car and settle for something subpar.
👥Remember that dealerships taking advantage of the market are unethical.
Should I pay over MSRP for a new car?
—No, you should never pay over MSRP for a new car, even in a shortage. Keep looking for dealerships that sell at or below MSRP.
How do I avoid inflated prices for used cars?
—Compare the price of the used car to the price of a similar new car. If the used car is more expensive, it's better to buy new.
What should I do if I can't find the car I want?
—Be patient and keep looking. Don't settle for a car that doesn't meet your needs or pay overpriced for it.
Why are some dealerships taking advantage of the market?
—Some dealerships see the shortage as an opportunity to inflate prices and make more profit. It's important to avoid these unethical dealerships.
Is it worth buying a car over 10 years old?
—It depends on the condition of the car. Be extra cautious when buying a car that is over 10 years old and make sure to have it thoroughly inspected.
00:00Introduction to the current car market challenges with shortages in both new and used cars.
08:38Tips for buying new cars without paying over MSRP and taking your time to research the right options.
10:50Be cautious when buying used cars and compare prices to new cars of the same model to avoid inflated prices.
11:52Avoid being desperate and settling for subpar cars. Remember that dealerships taking advantage of the market are unethical.
12:25Extra caution is advised when considering cars over 10 years old, as they may not have been well taken care of.
