How to Get a Car Deal in This Market

Low inventories mean it’s hard to haggle on price, but you can still negotiate on financing when shopping for a new or used car.

Photo of Matt Degen
(Image credit: Photo by Frank Rogozienski)

Matt Degen is an editor at Kelley Blue Book, a website that helps consumers research and purchase used and new vehicles.

Global supply-chain problems have reduced the inventory of new vehicles, resulting in long waits to buy a car. When will things get back to normal? None of us has a crystal ball, but our analysts think that toward the end of the year some of these supply constraints will have eased. And we’re already seeing that, as inventory levels are rising very, very slowly. It’s baby steps toward some normalcy, though it may be a new normal. Because automakers have been selling cars even with leaner inventory, I think a lot of them are realizing that they don’t need to make as many cars.

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Rivan V. Stinson
Ex-staff writer, Kiplinger's Personal Finance

Rivan joined Kiplinger on Leap Day 2016 as a reporter for Kiplinger's Personal Finance magazine. A Michigan native, she graduated from the University of Michigan in 2014 and from there freelanced as a local copy editor and proofreader, and served as a research assistant to a local Detroit journalist. Her work has been featured in the Ann Arbor Observer and Sage Business Researcher. She is currently assistant editor, personal finance at The Washington Post.