Having been in this business a little over 13 years now, I have never seen the business quite like it is. Used car prices are high, new car prices are low, and people are left unsure of what to do when buying a car.

Let me say this....buy new. New cars make more sense right now to buy than they ever have. The difference in pricing between new and used is smaller than it ever has been. As a matter of fact, after many years of buying only used to avoid the high depreciation costs, I even bought a new car.

Trade in values are also at an all time high. Used vehicles have gone up in value for the last 4 or 5 months in a row. I have never seen anything like it. I think though, that it will all begin to change again soon.

So, this summer, if you are looking for a vehicle, buy new. Take advantage of low interest rates, trade in the old car, and smile. Smile cause, days like this have never been, and may never be again.

Just one mans opinion.

by
Nash Archuleta