Home > Ask Gary > ASK GARY: What Kind of Car Should I Buy during Lean Economic Times?

ASK GARY: What Kind of Car Should I Buy during Lean Economic Times?

In these lean economic times, most drivers don’t have extra cash laying around for extravagant car purchases. Luckily, there are still many options for those of us that want a dependable and quality car, but don’t want to pay a premium for it.

One great option is to buy a Toyota. The company recently reported a 26.1% surge in July sales, which is triple the industry results. This makes Toyota the industry’s number one retail brand for the fifth consecutive month this year.  Toyota is considered one of the top quality brands in retaining resale value. With a Toyota, you can expect to get good trade-in price years down the road when it’s time to buy your next car. If want to make an investment in a sturdy and family-appropriate car, consider a Toyota.

Specifically, you may want to consider the Camry, which according to the latest reports is still maintaining its spot as the best-selling car in America. Consumers are responding to Camry’s strong value and affordability and taking advantage of long-term, low interest rate financing and low lease rates.  The Camry is benefitting from strong residuals — which allow for leases of less than $200 a month.

You also may want to consider the Toyota Prius. It is one of the most popular eco-friendly vehicles on the market today and for good reason. Drivers can expect over 45 miles per gallon from this remarkable hybrid. It practically pays for itself in gas over the course of a few years. The Prius also received high crash test safety ratings from the NHTSA, making it safe as well as an environmentally conscious choice for you and your family.

If you decide that a Toyota may be right for you, our Jaffarian team can help you make an informed decision and the right choice for you based on your budget and driving needs.  We are a family owned business and dedicated to our customers. And remember if you ever want to speak with me directly, all you have to do is pick up any one of the four red phones in the Jaffarian Automotive Group dealership and you will be connected directly to me.  In addition, if you have any general questions about buying a vehicle or the automotive industry, you can send me a question at askgaryj@gmail.com and I’ll get back to you as soon as possible. I might post the question and response on this blog if it’s something that would be helpful for others to know.

Safe Driving!

Gary

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