OK, if you haven't bought your used car, don't delay much longer. Now is the right time to buy a used car.
Why is that? Simple reason is supply is starting to increase to a good level for consumers (not so much dealers) and it's looking like prices are hitting a plateau. Sure, they might drop a little more but probably not enough to make a difference at this point.
It's an especially good time to be in the used truck market because I think that's the segment where we're going to see growth in pricing. That market is just primed to keep rising as businesses buy new and consumers decide to move onto a different product. (Pick ups aren't as appealing to older drivers because they're tough to exit and enter.)
And, remember, if you're headed to a dealership, I have 10 questions to ask a dealer that could come in handy when used car buying.