“The used car market relies on stock from elsewhere,” Jessica Caldwell, executive director of insights at the automotive analysis website Edmunds, informed Vox in October. Shopping for used cars can feel like playing the lottery—and the chances are still not normally in your favor. But by no means concern, the specialists here at Car and Driver are prepared to help consumers better navigate the large and dangerous used-car market.
An auto mortgage calculator can also help you decide what kind of loan term and interest rate will fit your budget. Having the car checked by a licensed mechanic is a step that ought to never be skipped. Buying a used car can usually be one of the smartest shopping for decisions. While this offers a possibility to reside more economically, a used car, by definition, has issues from common wear and tear. Therefore, it is essential to keep away from making these expensive errors when you’re available within the market for a second-hand car. Ford additionally reduce its North American vehicle production in July via early August as a end result of a shortage of chips, impacting autos like the Ford F-150, Bronco Sport, and Explorer.