Is Buying a Car in 2022 Worth It?

Lofi Motors - your road to used vehicle value in Corpus Christi TX.

With the continuing shortage of parts and rising costs, dealerships around the country are scrambling to find a way to put customers behind the wheel of a new vehicle, and this article may help you decide.

At LoFi Motors, we have a great selection of pre-owned cars, trucks and SUVs. Whether you’re looking for a new or pre-owned vehicle, we have plenty of options for you to choose from. Stop by and see why we’re Corpus Christi’s favorite pre-owned vehicle dealer today!

LoFi Motors is still stocking the best selection of pre-owned cars, trucks and SUVs in the Corpus Christi area, despite the global shortage of vehicles. Whether you're looking for a new or pre-owned vehicle, LoFi Motors has plenty of options for you to choose from. So don't let the shortage hold you back – stop by and see why LoFi Motors is Corpus Christi's favorite pre-owned vehicle dealer today!

In response to the growing supply chain issue, dealerships began to turn their focus toward to used vehicle market, encouraging customers to sell their used vehicles or complete trade-ins. With used vehicles more desirable than ever and equipped government-backed stimulus checks, consumers throughout the United States flocked to dealerships to trade in their old vehicles in favor of new ones. 

The rush by dealerships to find ways to supplement the shortage of new vehicles only further exacerbated that shortage, leaving dealerships in a pickle. Now dealerships have droves of customers clamoring to trade-in their vehicles, with no new vehicles to sell those customers, resulting in long waiting lists and disgruntled customers.

With this shortage, you may be wondering if now is the right time to start the search for a vehicle. The answer here at LoFi Motors is a resounding, YES! Despite the supply chain issues and a shortage of new vehicles, there has never been a better time to trade in your old vehicle in favor of purchasing a new one. Keep reading to find out why!

If you’re wondering if it’s a smart idea to buy a car in 2022, the answer is YES! Now, you may be doubting that because of what you just read above…but fear not! There truly has never been a better time to buy a new car, truck or SUV — and here are some reasons why.

Pre Owned Vehicles Are Worth More Than Ever Before

Yeah, you read that right…your old car is worth more than ever before thanks to the shortage of new inventory. Typically, all cars begin depreciating the moment they leave the dealership lot. However, in this whacky post-pandemic economy, some vehicles have actually gained value as they aged. 

As dealerships all over the country make a push to purchase used vehicles and increase trade-ins, the value of used vehicles has increased astronomically. That means there has never been a better time to purchase a new vehicle, as your trade-in is worth more than its ever been. If you’ve been tossing around the idea of buying a new car, you’ll want to act now before the value of your used car plummets back to pre-pandemic prices and you lose out on thousands. 

You can get the best value for your used car, truck or SUV at LoFi Motors located in Corpus Christi. At LoFi Motors, they have the Corpus Christi area’s best selection of pre-owned cars, trucks and SUVs, so stop by and check out their inventory today!

Stop by LoFi Motors located in Corpus Christi to place an order for your new pre-owned car, truck or SUV today!