The time to buy new cars is now as you may not always get the dual benefit of competitive new car prices along with new car finance options as they exist now for many years to come.
Car sales are going up and this is good news for auto makers. This rise in sales has been seen for the first time since the "Cash for Clunkers" plan that was launched in 2009. That was when many car owners exchanged their old vehicles to get new ones and sales went up dramatically.
What followed was a period of dull sales and it is only this year that brands like, Chevrolet, Buick, Ford are smiling again. They are even willing to offer 0% interest on new car financing. Those looking to go for a leasing arrangement are finding good deals too with Acura as well as Cadillac, deals that do not insist on any down payment. You can drive away the car of your choice and they will even pay for the maintenance.
The recommendation for new car buyers today is still to look around before making the decision. Even if you have a good credit score and you know you are being offered a very good deal, you can still bargain to get more out of the dealer. After all, even a half percent benefit will translate into savings over the long run and it is an opportunity you should not miss out on.
This year, you can get new car finance rate of 3% as compared to 4% last year. It stands to reason that this may not go down any further so if you are looking for new cars, this is the time. Getting new car finance deals is not a problem today, as there are many lenders willing to lend knowing that consumers want to buy big ticket items on a clean slate.
The option of leasing is a very good. Though you do not own the vehicle, you can still drive away the car of your choice and have it changed each time the lease expires. The deals on leasing are very attractive. Where else can you get deals that allow you to drive your vehicle of choice without any down payment, or the need for to make any maintenance payments.Just remember you have to keep within the permissible limits of driving miles. You can enjoy a trouble free driving experience during the lease term and come back again at the end of it to drive away the latest model.