Is there an interesting car-buying trend you've noticed in the last few years?
Whether this trend affects buyers, carmakers, or regulators, I'd like to know what you've observed.
Answer provided by
Answered on Apr 13, 2021
“The most pronounced car-buying trend I’ve seen in the last few years is doing your car shopping from home. To me, this always seemed counterintuitive—how can you spend $20,000 without seeing the vehicle or driving it? Call me old school, but I still stick by this observation.
However, the trend of doing all your shopping from home—from groceries to clothes and now to cars—seems likely to continue.
The good news is that many companies that sell vehicles online offer money-back guarantees, warranties, and other perks similar to what you’d get at a dealership. Still, you’ll want to make sure you do your homework before using one of these companies. “
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.
Browse by topics
What others are asking
Do I need car insurance to get an oil change in Minnesota?
I am 18 years old and I just got my first car. I need to do a little work to the car for it to be road-worthy, and I want to take it for an oil change. Do I need insurance to be able to do that?
Apr 14, 2021
Can I insure my 19-year-old daughter's car for her since she has a poor driving history?
My daughter has one accident (not her fault) and two speeding tickets already, and she's not even 20 yet. Her quotes are way too expensive. Can I get car insurance for her in my own name so we can pay less?
Apr 23, 2021
"Should I take out a longer loan on a $30,000 car for smaller monthly payments? "
"I was talking to the dealership about auto financing options for a $30,000 car. The salesman said he can get me approved for a 60-month loan at $560 per month or a 72-month loan at $470 per month. The interest rate is the same at 1.75%. I could use some extra money each month to pay down some of my other debt, but I know it will cost me more in the long run. Should I go with the shorter loan or the longer one? "
May 11, 2021