If you’re in the market for a new ride, here are some money-saving tips to keep you from getting burned.
ST PAUL, Minn. — Car sales have done a 180-degree turnaround from a year ago when sales plunged 30%. New cars, used cars, the boom is one of the hottest and trickiest markets for consumers.
Tom Leonard, President and CEO of Fury Motors in St. Paul believes demand for vehicles is at an all-time high. “What has changed in the last few months is the availability of the new vehicles,” he said. “Where we use to have a 100-day supply, we probably have closer to a 30-day supply.”
That makes Leonard a happy man. But the demand comes as a microchip shortage is stalling production at many auto plants. Couple that with employees returning to work, low interest rates and buyers flush with cash and finding your new vehicle could