Is Now a Good Time to Buy a Car?

Man and Woman Signing Contract

Most Reading drivers are aware of current supply chain issues and chip shortages, but if you’re wondering, “Is now a good time to buy a car?” it is! In fact, now is a fabulous time to trade in your old car for a new one because there is a shortage of quality used vehicles on the market. Learn more here with Springfield Mitsubishi - Reading, and then contact us when you’re ready to start shopping for your new Mitsubishi!

Is Now a Good Time to Buy a New Car?

Due to sky-rocketing inflation, new cars cost more now than they have in the past. Still, prices are not likely to go down, so the longer you wait, the more it will cost you. Plus, if you’re current vehicle is unreliable, you could be putting yourself and your family at risk on your Pottstown drives. Purchasing a new vehicle — even without a discount — may be a wise financial decision. We recommend talking to our finance team about your leasing and financing options.

Is Now a Good Time to Buy a Used Car?

Used car prices are also up, and inventory is going fast! But that’s good news for Lancaster drivers looking to trade in their old car for a different one because you’ll get top dollar for your trade-in. Plus, many of the pre-owned cars at Springfield Mitsubishi - Reading are prior leases, which means that these vehicles are more reliable than your typical used car.

Is Now a Good Time to Trade In a Car?

So yes! It is the ideal time to buy a vehicle and trade in your old one, even with current prices. Let’s do some math to prove it!

Let’s say you purchase a new Outlander Sport for $28,000, even though it may have been $27,500 six months ago. If you’re trading in a car that normally sells for $15,000, but now you can get $17,000 for it due to inventory shortages, you’re still $1,500 ahead! Use our online payment calculator to run various scenarios and see what works for your Allentown budget.

Trade-In Your Car at Springfield Mitsubishi - Reading Today

Now that you know that now is a good time to buy a car; we invite you to reach out to us at Springfield Mitsubishi - Reading to get the process started. You can apply for financing online and get a trade-in value estimate without leaving your home. Feel free to contact us with any questions.

More from Springfield Mitsubishi - Reading

  • 2023 Mitsubishi Outlander PHEV

      Meet the 2023 Mitsubishi Outlander PHEV, a brand-new addition to the Outlander lineup for the new model year that represents the future of Mitsubishi hybrid models. The new Outlander PHEV seats up to seven passengers, boasts extended range, and generates low emissions, all of which make for accommodating, strong drives around Pottstown. Discover this…

  • 2023 Mitsubishi Mirage Interior

      Curious about the 2023 Mitsubishi Mirage interior? We don’t blame you. This compact hatchback is a popular choice for Pottstown drivers making their daily Lancaster drives and beyond. You can enjoy a huge collection of interior features, great fuel economy, a sporty transmission, and more when you choose the new Mitsubishi Mirage. Learn more…

  • What is the 2022 Mitsubishi Outlander Towing Capacity?

      The new generation of Mitsubishi Outlander features a bold new design and features, sure to make your Reading drives more enjoyable. But what is the 2022 Mitsubishi Outlander towing capacity? Along with a continuously variable transmission, and All-Wheel Control (AWC), the Mitsubishi Outlander’s towing capacity is up to 2,000 pounds! Learn more about the…

Springfield Mitsubishi - Reading 40.393426, -75.935573.