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It’s a Car Buyer’s Market this Holiday Season!

Are you in the market to buy a car this holiday season? Lots of folks are! December traditionally is the best month of the year to make a deal on a new or pre-owned vehicle. The manufacturers roll out the red carpet with incentives and dealers are very motivated to move their pre-owned inventory before the end of the year. Now add the most recent Federal Reserve rate cut and depressed demand in the auto industry the last few months; and car buyers have a perfect storm of opportunity.

I can safely say that in my lifetime I’ve never seen a better opportunity to get a great price and some great financing terms on a vehicle. I know you’ve heard that getting a car loan is more difficult post credit crisis. This is true for some banks but many, like US Bank and Compass Bank who’ve been proactively managing their business in a highly conservative fashion for years, the loan rates are at or near historic lows. You can get a great rate for short to medium term loans like 48 and 60 months. When you are shopping keep in mind that the loan rates for terms over 60 months are not as competitive as the ones that are 60 months and below.

How can you take advantage of all this? Jump on and find the car, truck, or SUV of your dreams (or your significant other’s dreams). Call or email the dealer that has your next vehicle and MAKE A DEAL!! Believe me they are willing to deal like never before. Make it a VERY Merry Christmas at your house!!!

Thanks for reading! Questions and comments are always welcome! You can reach me either on ADM or by e-mail at

Views: 29

Tags: Car,, Holiday, Shopping


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