Money Tight? Here's Car-Buying Tips for a Slow Economy
Even if you're not working on Wall Street or an employee of one of the four airlines that failed in 2008, chances are you're feeling the pain of the slow economy. Gas prices up, unemployment up, spending money down. Sounds like a lousy time to buy some wheels...
But there's always a way to find a good deal, even in tough times. My new article, Car-Buying Tips for a Slow Economy, aims to give you a leg up if you're planning to buy a car during the "economic slowdown" (cough cough). Here's a hint: Many automakers and dealers are hurting, too.
- Posted by
- Joanne Helperin April 3, 2008, 4:04 PM
- Permalink
- Categories:
- Dealing with Car Dealers, Hybrid Cars and Better Gas Mileage
I've some nitpicks, but I'll skip 'em.
Overall, a good article.
Great article and needed in these tough times. Credit IS tough - even if you are making all of your payments. With an uncertain market and road ahead, the fact is people are looking for stability and decreasing debt. In these times, a reliable used car let's you sleep at night whereas a new car with high payments is undue stress.
Thanks, Sylvia. I was looking forward to getting a new car when my lease is up in July, but with seriously high tuition payments for my kids and an unstable economy (my husband is self-employed), I've pretty much resigned myself to an older car. I just heard an NPR piece this morning about how people are trying to hold onto their cars for longer now, too.
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