Your Car Buying Experiences

[Bigdog]

My advice is if you are looking into buying right now your window is possible closing, well depending on your finances and what you want to stomach for loan rates.

I don't know if you are one of these doesn't pay attention to what is happening in this country right now people, but things like getting loans for anything are about to become far more expensive with 2 more expected rate hikes to interest rates before the end of the year, and overall banks will start becoming far pickier to who they choose to lend to.

Imo if you have not bought a car in the last year or two any opinions will Imo be kind of void and invalid as the market right now is just a mess! This is what sucks, prices for new and used are far overvalued right now but waiting for the correction, is waiting for the collapse that is no doubt coming in the car market. Getting a loan unless you have cash to buy will be far more difficult and costly.

Sorry to confuse you here but the last thing you kind of want hanging around your neck, heading straight into a recession, is a high interest rate car loan.