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Are cars any cheaper now than they were before due to the coronavirus pandemic
I know a lot of businesses are facing slowdowns. Is the auto industry offering lower prices or discounts to entice buyers?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“At the onset of the COVID-19 pandemic, car sales plummeted due to widespread fear and uncertainty. But since then, car sales have bounced back.
However, this resurgence isn’t necessarily due to cheaper price tags. Instead, automakers began to offer better incentives such as zero-percent financing, bonus cash, or employee pricing. So while a car isn’t necessarily more affordable now, some shopping around could uncover a great deal on a new or pre-owned vehicle.
“
View full answer
- Gregory R.
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