The effects of the coronavirus pandemic continue to spread throughout the world, disrupting global economies, crashing stock markets, and jolting consumer confidence. The pandemic has put more than 35 million Americans out of work. Since the Great Depression, the jobless rate is at an all-time high of 14.7% in this country.
Now maybe the right time to buy a new car as dealers and manufacturers are doing everything they can to sell cars, which is good news for Coronavirus and Cars. Click on any manufacturer or dealer website and you’re bound to see zero-percent financing for seven years offered on many models, as well as lease deals featuring low monthly payments for if you prefer buying a used car Consumer reports recommend that shoppers research cars and various option packages online before contacting a dealership.
When we talk about Coronavirus and cars, auto experts noticed that auto sales in March and April fell dramatically. Even though sales have seen a significant recovery in each of the last several weeks, the future of the auto industry seems bleak. Shelter in place and stay-at-home declarations have made it more challenging to sell new cars in some parts of the country.
If you can afford a car, are secure in your job, and find a model that meets your needs, you should take advantage of several generous financing deals; and there will likely be many more in the coming months. Many auto dealers like the Car Factory are offering deferred payments for as many as 120 days. Visit our website and browse through our used pre-certified vehicles along with some great deals.
With continuing plant closures, deals will likely be hit and miss, with excellent deals on some models and shortage on others. It won’t just depend on where the car is produced – it will also depend on the sources of all its parts.
Currently, only a few cars are built in China for the U.S Market. Only the 2020 Buick Envision is one relatively high volume model made in China, but Buick dealers have a heavy supply of the two-row luxury compact SUV right now. Korean automakers Kia and Hyundai build a number of their cars in Korea. However, many of their models, including some of their best-selling SUVs, are manufactured in America, where factories are also closed. Only time will tell if there are any shortages of the Korean-built models.
Meanwhile, keep these steps in mind to protect yourself from the Coronavirus and Cars while you’re shopping for a Vehicle:
- Do your research and car shopping online
- Explore home delivery option for the vehicle
- Make sure the dealership you’re buying from explains you in length about the precautions they’re taking to protect customers
- Disinfect touchpoints before you test drive
- Wash your hands and don’t touch your face
Buying a used car is a great way to save money. But before you actually sit inside it, make sure everything you touch in it has been disinfected. While replacing the cabin air filter may do you some good, your effort is likely better spent wearing a face mask and wiping down the places in car interiors that are frequently touched, such as steering wheels, door handles, turn signal stalks, and radio controls.
The Car Factory is with you during these uncertain times, so if you need to buy a used car, you can count on us to support you to our best abilities. We’re offering no payment option for 120 days with zero down payment and we regularly sanitize both our outlets for maximum customer and personnel safety.
Recommended Read: How To Buy A Car During A Crisis (With Limited Funds)