What's Going on in the Used Car Market?

The Used Car Market Remains Strong

Now is an excellent time to search the used car market if you’re looking for a new ride. New car prices and inventory are still unreliable, but used car prices are stabilizing more on a weekly to monthly basis. That makes now a good time to shop for used cars. 

What To Expect

If you’re searching the used car market, you can expect a bit of a price drop from the previous months. Most industry experts believe that prices will continue to drop in the months ahead. The used car market is essentially trending toward normalcy after a year of fluctuating prices. Many car dealers have restocked their lots and are having fewer issues keeping them stocked with used cars. In other words, it’s a good time to start your car shopping experience at Irwin Auto Group. Like many other dealerships, we are getting in more inventory of used vehicles on a regular basis, including popular models like the Toyota Highlander, Ford F-150, Ford Explorer, Ram 1500, and many more.

Reliable Used Vehicles

Most buyers looking at the used car market want to know which vehicles are the most reliable. Used cars are more reliable than ever, but some top names definitely stand out. For example, the Toyota Highlander is one of the most reliable family SUVs on the used car market. Its rating is four out of five, and it ranks 7th out of 26 midsize SUVs. The frequency and severity of repairs for the Highlander are average and below average when compared to other vehicles.

The Ford F-150 is another reliable used vehicle to consider. Not only is it the top-selling vehicle in America for many years running, but it has a lot to offer drivers, whether you need a work truck or a versatile all-rounder. According to RepairPal, the F-150 ranks 7th out of 17 full-size trucks in terms of reliability.

How To Buy Now

It’s easier now to buy used cars than in previous months, and you’ll also benefit from lower prices in many cases. At Irwin Auto Group, you can search our inventory from the convenience of your home. Each handy vehicle info card allows you to confirm the availability of the vehicle, unlock today’s best price, make an offer, value your trade, and get pre-approved for financing. Relevant information about the vehicle is also right at your fingertips, including the trim, the engine, the MPG rating, the mileage, VIN, and any interesting options.

Visit Irwin Auto Group today to find out more, or you can just as easily chat online with us, text us, or call us. We’re here to make your next used car purchase as stress-free as possible.