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2012: Best Time to Upgrade to a New Car

2011 closed with a surprising 50% increase in car sales, however according to many sources, 2012 will most likely be a great year to acquire a new vehicle and might even top last years numbers.

The first reason for this prediction is that finally the economy is stable and looking much better. In addition, Japanese manufacturers will most likely work aggressively to increase car sales now that they can produce car parts at normal pace. Therefore, they will offer lots of incentives and attractive deals aiming to gain customers back and defeat competitors.

Low interest rate deals are also expected to be maintained as the Federal Open Market Committee has confirmed they will keep the federal funds rate between 0 and 0.25%, making car financing a very good option at the moment.

It is also expected for pre-owned vehicles to keep prices as high or even higher than the past 2 years, which will of course, propel new car sales even more. In addition leasing car deals are also very promising for the months to come. As of matter of fact, many manufacturers have already started offering very low monthly payments on some of their 2012 models.

You can request free price quotes on the best prices on new cars only by submitting a fast request online.