GO
Loading...

Enter multiple symbols separated by commas

Question: Is This A Good Time To Buy A Car?

car_dealership.jpg
AP

It's a pretty straight forward question, and one I hear more and more people asking: Is now the time to buy a new car or truck?

The deals are far from spectacular (avg. domestic incentive last month was $3,654, and the Average Asian brand incentive was $1,625) and given the shaky market and economy, it's easy to see why you might think twice before buying.

On the other hand, the selection and quality of vehicles has never been better. Last year, more than 75 new cars, trucks, and SUV's hit showrooms, and few were dogs. if anything, you could argue there's never been a better time to find exactly what you are looking for.

So what's the deciding factor for you? Given all the factors out there right now, are you leaning towards buying or steering clear? Let me know, and also let me know why you feel it's either a good time or a bad time to buy.

Friday morning I will share some of the answers. Write to me at: behindthewheel@cnbc.com.

Questions? Comments? BehindTheWheel@cnbc.com

Autos

  • A deployed airbag is seen in a 2001 Honda Accord at the LKQ Pick Your Part salvage yard on May 22, 2015 in Medley, Florida. The largest automotive recall in history centers around the defective Takata Corp. air bags that are found in millions of vehicles that are manufactured by BMW, Chrysler, Daimler Trucks, Ford, General Motors, Honda, Mazda, Mitsubishi, Nissan, Subaru and Toyota.

    More recalls of air bags made by Takata were announced, after the Japanese manufacturer boosted the number of vehicles affected.

  • The Lamborghini SpA Urus SUV.

    There's no shortage of luxury vehicle choices, but increasingly the wealthy are opting for high-end SUVs instead of traditional models.

  • A rendering of a Hyperloop by Hyperloop Transportation Technologies.

    Hyperloop, the transportation brainchild of Tesla boss Elon Musk, which plans to take you from San Francisco to Los Angeles in 30 minutes, could be be free to use.