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?

Answer provided by
Eric Schad
Answered on Apr 08, 2021
“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. “

Did this answer help you?

Ask us a question by email and we will respond within a few days.

Have a different question?

You can meet us at our office and discuss the details of your question.

Easiest way to compare and buy car insurance

No long forms
No spam or unwanted phone calls
Quotes from top insurance companies