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Is Now a Good Time to Buy a Car?

Woman Signing Contract

Though now is a difficult time for many in the St Louis area and throughout the world, if you are considering the purchase of a new or used car, now may be a good time to do so. Have you been asking, “Is now a good time to buy a car?” For some drivers that have it in their current budget, the answer is yes! Currently, many automakers and dealerships are offering deep discounts on both new and used vehicles, as well as excellent financing rates. Learn more with Suntrup Volkswagen.


Why it’s a Good Time to Buy a New Car

Right now, most vehicle manufacturers, like Volkswagen, are offering new buyers low-interest financing deals. You can also take advantage of attractive lease terms if you prefer to lease rather than finance. We understand that many drivers in the St Peters area may be concerned about job security and being able to make their car payments in full and on time. That is why VW is offering deferment on your first month’s payment as well as six months of job loss insurance.

Why it’s a Good Time to Buy a Used Car

If you are interested in a used car, there are also benefits to purchasing a pre-owned vehicle right now. Many dealership lots are filled to the brim with affordable used cars for sale, meaning lower prices to make room for new inventory. Even with lease extension offers, many drivers have decided to still turn in their vehicles on time, leading to an accumulation of off-lease vehicles in like-new condition.

Another factor affecting used car inventory is the fact that because of decreased travel, rental car companies are also selling off part of their fleet.


Contact Suntrup Volkswagen for More Information

If you would like to know more about our current incentives and affordable offers, contact us today with any questions. We want to help you find a budget-friendly vehicle you can rely on for many years to come. We can also guide you through the automotive financing process to ensure you are getting the best deal possible.


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