The was a time when buying a new car had its perks, the smell, the shine, having the newest set of wheels on the block. That luxury is slipping. Americans need transportation, but they don't need new anymore. With the economy ini shambles, everyone from the lenders to the manufacturers to the dealers to the consumers are all feeling the pinch. Thousands of new cars sit in the docks awaiting arrival at dealerships who can't sell the ones they already have....
Americans have always been good going the used route, we even make fashion out of second hand clothes. So its no surprise that the used car market is still strong despite falling prices.Don't sink thousands of dollars in depreciation on top of that new car price and taxes. There are literally thousands of choices in all price ranges, and financing terms that making upgrading affordable.