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Car Buying with an Edge w/ Ray & Zach Shefska #845
Jun 26, 2024
Ray Shefska and Zach Shefska, the dynamic duo behind CarEdge, offer savvy insights into car buying. They discuss how pandemic-induced supply chain issues have changed the auto market and share negotiation tips to get the best deal. Learn about crucial timing for purchases, the real impact of fees, and the importance of focusing on the out-the-door price instead of monthly payments. They even delve into the benefits of being flexible with vehicle options and navigating the complexities of warranties.
58:55
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Quick takeaways
- The recent stabilization in the car market, due to increased inventory, provides consumers with better purchasing options and price reductions.
- CarEdge aims to improve transparency in the auto industry by helping buyers navigate the often confusing negotiation process and fees.
Deep dives
The Evolving Car Buying Landscape
The recent shift in the car buying market stems from pandemic-related supply chain disruptions, which previously caused car values to rise sharply. Now, the market is beginning to stabilize as inventories increase, leading to improved conditions for consumers. Previously, conditions such as low inventory and high demand created a scenario where cars appreciated rather than depreciated. With a current inventory of about 2.8 to 2.9 million vehicles, buyers now have more options and are starting to see price cuts across various automaker brands.
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