Where To Find The Best New Car Deals In A Post-Pandemic Auto Market

With new companies like CarMax and Carvana on your radar it might seem like your options for purchasing a new car, truck or SUV are better than ever.

Its 2022 and Amazon is expanding operations, Uber seems to have replaced the taxi and new startups like Uber-eats, Grub-hub, Door-dash and Instacart have created new service markets with seemingly low premiums so why doesn’t this work for cars? Why are dealers still your best option when it comes to buying a new vehicle? These mentioned business models seem to work for food and taxis but this doesn’t translate well to the new car marketplace.

There’s a lot more going on at a dealership than just selling cars, interestingly, dealers make a majority of their profit on used car sales and car repairs and not from new car sales. As a result, dealerships can afford to offer you the best deal. Carvana and CarMax just sell cars so they can’t offer the same deals and pricing. These start-ups are not performing well right now and this is likely due in part to consumers not happy with the higher premiums they offer.  So don’t be misled that these companies have somehow disrupted the dealer business model with a slick website and phone application, they haven’t.

The new car buying marketplace is more difficult than ever right now so use a broker or stick with the dealerships, these new online direct-to-consumer buying services just don’t cut it when it comes to finding a good deal on a new vehicle or certified preowned vehicle.

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