HOUSTON — Need a new car or truck for someone in your family this fall? It's a tough time to buy any vehicle because prices are so high.
This has been the toughest year in memory for buying a car, truck or SUV. New vehicles are scarce, and used cars are selling for record prices, but there are still ways to get a good deal.
How to buy a car or truck in this tough market
Looking for a new truck or SUV? Be prepared to take whatever the dealer has, a lot of them empty. if you need one today, you're going to have to be flexible.
Have you considered a used vehicle? Prices are up more than 30 percent on popular ones since last year.
If you find something under $10,000 that you feel good about, don't wait!
A new report in CNBC says there are three things you can do right now. First, consider a car. Sedans like Camrys and Accords are still cheap and plentiful because demand is low.
Second, be very flexible on options and color.
Finally, be patient. Dealers predict used car prices will drop in a few weeks, as demand subsides for the fall.
There's a downside, though.
If you're trying to get a deal on a red hot truck like a Chevy Silverado, Ford F-150 or the new Ford Bronco — right now, don't expect any deal!
A new CNN Business report says supplies may not improve that much the next few weeks because the COVID delta variant is now shutting down computer chip plants, again.
Bottom line: take your time and don't chase the hottest new truck,. so you don't waste your money.