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?

“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. “
Eric Schad
Answered on Apr 08, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.

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