If you live on this planet, you're well aware that the prices of Milwaukee used cars have gone up. The reason why used cars are fetching such high values? Like most industries, automakers suffer from supply chain issues. The shortage of new car availability raises the demand for used cars.
Lucky for you, there's still one used car dealer in Milwaukee that can help you get a great deal. Ewald Auto is proud to offer used cars near you for all budgets. Even if you can't spend a ton of cash on your next car, we'll help you find a reliable, high-quality ride in your price range. We use live market pricing tools for our used vehicles - so you'll know you're getting the most competitive price!
So, when will car prices drop, again?
The issues with new vehicle production are expected to resolve by the end of the year, per KMPG. No one can accurately predict what will happen with used car values once production resumes. It might be helpful to break down the average cost increase by body style.
Used Cars
The price of used cars (which includes sedans, coupes, and hatchbacks) has increased 40-50% on average, per Cars.com.
Used SUVs
Used SUVs near Milwaukee fare a little better, with an average cost increase of 32-40%, per Cars.com
Used Trucks
In the market for a used truck for sale near you? Expect to pay 23-48% more on average than pre-pandemic prices. Don't worry - our used car dealer near Milwaukee can still help you find a favorable deal!
How can I save the most money on a used car?
Cost of living expenses are up across the board. If you need to get into a reliable Milwaukee used car, you might not have time to wait out the price increase. Let's review some easy ways to cut costs at our used car dealer near Milwaukee!
Avoid the most popular models for each body style. If a used car near you is sought-after, the increased demand can raise the prices. Consider less common alternatives to the most popular used cars.
Consider an older model. While late-model used SUVs near Milwaukee can fetch high prices, depreciation still exists. You'll save cash by skipping back a few model years.
Keep your eyes open for base models! Bells and whistles are nice, but not when they inflate the cost of a used minivan for sale near you. Sticking to entry-level models is a great way to keep your costs down.
Think about making a higher down payment on that used truck for sale near you. The more money you put down, the less you'll have to finance - and the less you'll pay interest on! If you have the means, placing a larger down payment will save you money over the course of your loan.
Choose Milwaukee used cars known for reliability. It's important to think about the total cost of ownership, not just the purchase price. By opting for a well-made car, you'll avoid spending extra on maintenance and repairs.
When you're ready to find a hot deal on your next ride, our used car dealer near Milwaukee is eager to serve you. Stop by the Ewald Auto showroom today to get a close, personal look at our affordable selection.
*Monthly Payment is calculated at 4.9% APR, 60 Month Term, 5.6% sales tax with 20% down on approved credit.
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*Monthly Payment is calculated at 4.9% APR, 60 Month Term, 5.6% sales tax with 20% down on approved credit.
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The list of standard equipment and accessories contained on this document reflect equipment which was standard at the time vehicle was manufactured. This vehicle may or may not contain some or most of the equipment and accessories listed as a result of the vehicle identification number equipment compilation provided by a third party source. This VIN equipment compilation is provided as a service by the dealer and a third party source and is in no way intended to serve as a warranty or list of actual equipment contained on the vehicle.
*Payments for all vehicles are calculated based on an average payment formula, and do not necessarily reflect the APR and / or term that may be available for an applicant.
