Why Now Actually Is the Best Time to Buy a Car

It seems like car dealerships are always trying to tell you that now is a great time to buy a car, but that’s just all talk, isn’t it? Well, as it turns out, now actually is the best time for drivers in the Los Angeles, Long Beach, and Downey area to buy a car, especially a 2015 Honda Civic from Norm Reeves Honda Superstore in Cerritos. Here’s why.

Historically Low Interest Rates

One of the main reasons why now is a great time to buy a car is that interest rates have seen a noticeable drop. According to WalletHub’s 2015 Auto Financing Study, the average interest rate has fallen significantly.

The study also found that the average new car loan was 19% cheaper than the average used car loan. This means that it could be beneficial to buy a new car like the 2015 Honda Civic as opposed to an older, used model.

Try our free car loan calculator and see what your monthly payments could be.

New Model Year Has Arrived

With the 2016 model year officially underway, dealerships are under pressure to make room for the new inventory. That means getting rid of as many 2015 models as possible. To do that, dealerships will typically offer special pricing and financing options.

That makes this the perfect time for you to find a great deal on a new car like the 2015 Honda Civic. Be sure to contact your local dealership for the most up-to-date pricing and current offers.

Check out our latest specials here.

An Abundance of Free Information

Thanks to the World Wide Web, there’s a plethora of information literally at your fingertips. This includes useful automobile information such as vehicle reviews and comparisons.

By having access to this data, car buyers can learn more about the vehicles they’re interested in buying. This gives you an incredible advantage when it comes to finding the right car.

Check out this 2015 Honda Civic vehicle review.

So as you can see, with affordable interest rates, reduced pricing on 2015 models, and plenty of helpful product information, now really is the best time to buy a car. If you live in the Los Angeles, Long Beach, or Downey area and you’d like to learn more about how our team at Norm Reeves Honda Superstore in Cerritos can help you find a great new car, call or schedule a test drive today!