Is It the Right Time to Buy a Car? How to Know if You Should Buy Right Now

April 24th, 2025 by
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UPDATE Regarding Tariffs – Jump to Section

 

How to Know if You Should Buy Right Now

If you are considering the purchase of a new Ram 1500 truck, you might be wondering, should I buy a new truck now or wait? When it comes down to it, there is never a perfect time to buy a new vehicle, but if you need a new one or simply want to upgrade, now is always the right time to buy. Whether you are looking for a Jeep SUV, pickup truck, or sedan, waiting for the right time can lead you to miss out on the great deals that are available now.

At Team Chrysler, we are the Jeep, Dodge, Chrysler, and Ram dealership Mississauga residents can turn to when looking for the best selection of in-stock vehicles. We are committed to bringing our customers the best prices and selection for in-demand vehicles, including the Ram 1500, Jeep Wrangler, and other sought-after vehicle options. We know that deciding to buy a new vehicle can feel like a hard decision. In this post, we help you answer the question: Is right now a good time to buy a car?

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Is Now the Right Time to Buy a Car?

Are you wondering, should I buy a truck now or wait? No matter what type of vehicle you are considering, now is often the best time to buy. Deals come and go, and holding out for something better can result in higher prices in the future. If you need a new vehicle, seek out a dealership that can guarantee the best prices.

At Team Chrysler, we not only have excellent prices, we also have extensive inventory options. When you are looking for a specific vehicle from Ram, Jeep, Chrysler, or Dodge, we have in-stock vehicles and are ready to make the purchase of your next vehicle simple. Apply for financing online and make knowing, should I buy a truck right now a simple question with our convenient financing options.

Should I Buy a New or Used Car Right Now?

If you’ve ever wondered, should I buy a used car now or wait, know that there is no perfect time to buy a used car. However, used cars are often more affordable than new vehicles, making them a more accessible option overall. If you are worried about the quality of used vehicles, we can help you buy with confidence. Our used car inventory is stocked with high-quality and affordable vehicles that make every day the best time to buy a used car.

Deals on New Ram, Jeep, Dodge and Chrysler Vehicles at Team Chrysler

At Team Chrysler, we make it easier to get into the truck or SUV you want most by offering enticing deals on our most popular inventory. Whether you are looking for Ram truck deals or Jeep deals, we have options that make getting into the vehicle you need easier. Now is the best time to buy when you come to the experts at Team Chrysler. View our current new vehicle specials and get the best prices available.

Tariff Updates: Should I Buy a Car Now Before Tariffs​

If you’re like most Canadians, you’re likely feeling frustration and uncertainty regarding how tariffs will impact your finances. Though it is true that tariffs on the auto industry will likely cause the cost of vehicles to increase, the impact of these changes is still currently hard to predict. If you are looking to avoid the financial burden of paying tariffs on your next vehicle, you may be wondering ,should I buy a new car before tariffs? Below, we answer your top questions to help you determine when is the right time to buy a new car.

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Should I Buy a Car Before Tariffs?

The situation surrounding tariffs is constantly changing and evolving, and there may be no way to predict if buying now or later is the best decision for you. However, if you are looking to avoid uncertainty and are ready to upgrade to a new vehicle, buying an in-stock option from our tariff-free inventory could be a smart choice.

At Team Chrysler, we have an extensive selection to choose from and are your top choice when looking for a Ram 1500, Chrysler Pacifica, or Jeep Grand Cherokee for sale in Mississauga. We always have the best Chrysler, Jeep, Dodge, and Ram specials to ensure you get the best price on our current tariff-free inventory.

Can I Sell a Leased Car Now to Get into a New Vehicle?

If you are currently leasing a vehicle, you might want to check on the residual value of your vehicle and see if upgrading now could be a good option for you. Getting out of your current lease and upgrading to a new vehicle can help to ensure you are in a good position to reduce the impact of tariffs when purchasing or leasing your next vehicle.

Our post, How Does Buying, Leasing, or Financing a Car Work in Canada? What You’ll Want to Know About the Car-Buying Process offers helpful insight into the financing options that are available to you to help you make a decision that makes sense for your lifestyle and budget.

Are Any Vehicles Exempt from Tariffs?

The impact of tariffs on the auto industry has yet to be realized. However, it has been speculated that there may be a lesser impact when it comes to vehicles that are made in Canada. Stellantis proudly operates in Canada with vehicles such as the Chrysler Pacifica, Chrysler Grand Caravan, and Dodge Charger being assembled at the Windsor, Ontario location.

Keep in mind that used vehicles and locally traded used cars are also tariff-free. If you are trying to determine, should I buy a car now or wait, a used option could be a good choice for you. Used cars are often more affordable and can help you feel more comfortable with a purchase when times feel uncertain. Our tariff-free used car inventory is stacked with high-quality options that anyone would be happy with.

As the situation with tariffs is ever-changing, it is best to make decisions that make sense for your budget and lifestyle needs in the present. There may be savings available to those who are looking to upgrade to a new vehicle now rather than wait for new inventory that is subject to tariffs. Contact a member of our team today or apply for financing online to see if making the switch to a new vehicle now could be right for you.

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