I recently had my jeep totaled. Should I buy now or wait?

[Captain America]

I read where sales was really bad the month of January and dealers could very well resort to extreme measures just to move cars off their lot. You think I would be playing the odds well if I waited hoping to get an even better deal than what is out there right now, and if so, when do you think the next round of incentives might start? I'm driving my parent's rinkydink pickup right now and they're pretty cool about it for now so its not extremely urgent that I buy something.

 

[Gabriel]

It's already a buyers market. Go ahead and buy. Remember, you're not looking for a good deal, you're looking for a steal! You'll be better off looking for used cars. Dealers can sell them for significantly less as they usually get them at auction for bargain basement prices. You haven't seen huge discounts on new cars because they just don't have that much profit in them. They won't be selling new cars at a loss so expecting giant discounts on new cars isn't reasonable.

 

[Bub]

Now is a great time to pickup a great Chevrolet Malibue, Trailblazer or other GM product. Great warranty, great mileage, sharp looking, go for it.