New Vehicle Purchase
Does your stress level go up every time you get into your vehicle because you are not sure what problem will arise next? If so, then it may be time to replace your current vehicle for a stress-free new or slightly used vehicle. However, making a purchase decision today comes with a few downsides as well. Last month, the US Bureau of Labor Statistics reported that used vehicle prices have gone up about 41% since 2021, and it now costs almost 13% to purchase a new vehicle over last year (Source: US Bureau of Labor Statistics). Costs are way up and of course, don’t forget that used and new vehicle inventory is at an all-time low! (more…)