I went to a car dealer today to look for a new Honda Civic. I chose Honda Civic because they come to mind as economical/ reliable vehicles. I was hoping to put $5k down and have a $450/mo payment worst case scenario .
The dealer had 1 in the body style I was looking for (hatchback) but with the highest level trim. I’ve seen them online and the MSRP is about $31k.
I was absolutely dumbfounded when they came to me with a $46k offer at over $700 a month. Is this normal? I get that new cars have a markup but this seems absolutely insane. Its a god-dang Honda Civic!!!
I didn’t buy the car and feel extremely discouraged about car buying now in general. Even used cars are the same price as I look online. Looks like I’ll be holding on to my 20 year old Subaru for the foreseeable future…
Anyone have advice on car buying in this economy?
Submitted July 23, 2022 at 10:02PM by letmequestionyouthis https://ift.tt/r847I02