Is Now a Good Time to Buy a Car?

Excited Couple Reviewing Trade in Offer with Salesman

 

Is now a good time to buy a car? Likely, you’ve heard that increased demand and global supply chain issues have driven the cost of cars up, making it a seller’s market. You may have noticed higher prices at Chapel Hill dealerships. Is now a good time to buy a new car? What about pre-owned vehicles? Is now a good time to buy a used car? Actually, it may be just the perfect time for you to buy a car. Keep reading to find out why.

 

 

Why Is Now a Good Time to Buy a New Car?

Is now a good time to buy a new car with the global situation the way it is? It can be! You see, not only have car prices gone up, but so have trade-in values. Raleigh-area dealerships like Hendrick Cadillac Southpoint want your used car, so you can expect to get much more for your trade-in. According to Kelley Blue Book, “There has never been a much better time to sell or trade in your car than right now during this strong seller’s market.”

Is Now a Good Time to Buy a Used Car?

Is now a good time to buy a used car, or are they priced high, too? There is a high demand for used cars as well. But you’ll get the same high offers on your trade-in when you’re buying a used car as you would if you were buying a new one. And prices for used cars aren’t high everywhere — just take a look at our used car specials. In fact, we have plenty of reliable used vehicles priced under $25,000, several of them under $10,000.

Consider Leasing Your Next Vehicle

Maybe you’ve decided the prices of vehicles in the current market don’t work for your budget, or you don’t have a car to trade in. Consider leasing a vehicle, instead. Here are some advantages of leasing over buying:

  • Lower Payments
  • Less Sales Tax
  • Leased automobiles are always under warranty
  • Because you’ll be in a brand-new vehicle every couple of years, you’ll always have the latest feature options at your disposal.

Get Your Next Car at Hendrick Cadillac Southpoint

You can still find good deals on great cars at Hendrick Cadillac Southpoint. Just take a look at our new vehicle specials. We’ll do everything we can to help you get behind the wheel of your next vehicle for a price that matches your budget. We’re just down the road from Cary, so drop by or contact us today!

 

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Hendrick Vehicle Disclaimer:

$799.00 Dealer Administrative Fee included in advertised price. All prices exclude all taxes, tag, title, registration fees and government fees. Out of state buyers are responsible for all taxes and government fees and title/registration fees in the state where the vehicle will be registered.

All prices include all manufacturer to dealer incentives, which the dealer retains unless otherwise specifically provided. Dealer not responsible for errors and omissions; all offers subject to change without notice; please confirm listings with dealer.

All vehicles may not be physically located at this dealership but may be available for delivery through this location. Transportation charges may apply. Please contact the dealership for more specific information. All vehicles are subject to prior sale.


Additional Disclaimers:

*0.9% APR for 72 months. Monthly payment is $14.27 for every $1,000 financed. Example down payment is 11.4% for 2026 and 2027 OPTIQ, and 13.2% for 2026 and 2027 VISTIQ. Must finance through Cadillac Financial. Some customers may not qualify. Not available with lease and some other offers. Take new retail delivery by 8/31/26. **Must be a current owner of a 2012 model year or newer or a current lessee of a 2021 model year or newer Acura, Audi, BMW, Ford, Honda, Hyundai, Infiniti, Jeep, Kia, Lexus, Lincoln, Mercedes-Benz, Toyota, Volvo, Porsche, Tesla, Genesis, Polestar, or Rivian for at least 30 days prior to the new vehicle sale. Not available with lease and some other offers. Take new retail delivery by 8/31/26. ***Deferred monthly payments for 90 days. Excludes residents of PA. Must finance through Cadillac Financial. Down payment required at signing, if applicable. Finance charges accrue from date of financing. Some customers may not qualify. Not available with leases and some other offers. Take new retail delivery by 8/31/26.

*0.9% APR for 72 months. Monthly payment is $14.27 for every $1,000 financed. Example down payment is 11.4% for 2026 and 2027 OPTIQ, and 13.2% for 2026 and 2027 VISTIQ. Must finance through Cadillac Financial. Some customers may not qualify. Not available with lease and some other offers. Take new retail delivery by 8/31/26. **Must be a current owner of a 2012 model year or newer or a current lessee of a 2021 model year or newer Acura, Audi, BMW, Ford, Honda, Hyundai, Infiniti, Jeep, Kia, Lexus, Lincoln, Mercedes-Benz, Toyota, Volvo, Porsche, Tesla, Genesis, Polestar, or Rivian for at least 30 days prior to the new vehicle sale. Not available with lease and some other offers. Take new retail delivery by 8/31/26. ***Deferred monthly payments for 90 days. Excludes residents of PA. Must finance through Cadillac Financial. Down payment required at signing, if applicable. Finance charges accrue from date of financing. Some customers may not qualify. Not available with leases and some other offers. Take new retail delivery by 8/31/26.

*Well-qualified customers who purchase a new, used, or certified pre-owned vehicle, 4 model years or newer with less than 60K miles between August 1, 2026 and August 31, 2026, and finance through a participating dealer and lender have the option to defer monthly payments for 90 days from contract date. Excludes Hendrick Performance vehicles. Finance charges begin to accrue on the date you sign the Retail Installment Sale Contract at the Annual Percentage Rate (APR) disclosed in the contract. May not be combined with other preferred lender financing offers. 75 months maximum term limit. Equal monthly payments only. Not available to Pennsylvania residents; see your dealer for details. Must take retail delivery by August 31, 2026. See dealer for complete down payment and interest rate options and details. Financing available to qualified buyers. Some exclusions apply. See dealer for complete details.

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127 Kentington Dr, Durham, NC, 27713
Hendrick Cadillac Southpoint 35.89802, -78.94355.