Wait as Long as You Can and Don’t Expect Early Year Deals
There’s no reason to believe that the current situation will change in time for the sales that traditionally pop up at the start of normal years — but things might loosen up in the months that follow. A local ABC affiliate in Johnson City, Tennessee, reports that area dealers are hearing that manufacturers will step up production in the fourth quarter as critical semiconductors become more readily available.
Some big automakers will boost production by 100,000 cars compared to the third quarter. If that’s true, the timetable jives with what Cars.com predicted back in June — that it appeared new car inventory would rebound to healthy levels by the second or third quarter of 2022.
That means that if you can hold off until spring or preferably summer, you’ll probably do much better than you will early in the year. Give your car plenty of TLC to help it hold out until then.
Buying New? Go With the 2022 Model
Winter has always been car-buying season because dealers make room for next year’s inventory by slashing prices on current-year models.
Not this year.
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