Why it is the worst period to buy and sell a car.
It is also the time to invest in an affordable car.
That is according to a report from the American Automobile Dealers Association, the nation’s largest auto industry trade group.
“As we approach the first full year of the Trump administration, we are seeing a resurgence in auto sales and demand for new vehicles, but the best time to get into a car is right now,” said Rob Bock, president of the American Association of Motor Vehicle Administrators.
“We’re seeing the best years to buy the most affordable vehicles,” he added.
It’s the best period to invest: The AAMA report shows that in 2019, nearly 75 percent of Americans said they had the money for a new vehicle.
That compares to 65 percent in 2018 and 47 percent in 2017.
But that doesn’t mean you should buy a brand new vehicle right now.
You can buy a used car for less than half the price of a new one, the report says.
Instead, it’s best to invest early.
That means starting your investment in a vehicle by the first quarter of 2020, Bock said.
That’s when you should expect to see a 20 to 25 percent reduction in your car’s value.
Even then, there’s always a chance the car will be worth less in the future.
If you plan to buy in the next few years, there are still some good reasons to buy into a brand-new car.
The AAMA estimates that in 2020, about 1.4 million new cars will be sold.
That includes 1.1 million used cars and 1.2 million luxury cars.
There are also plenty of other things to consider.
For example, you might consider a vehicle that is more economical, such as a car that will get you to the office more quickly.
You can also consider an electric vehicle that will save you money on your electric bills.
In 2018, almost 7 in 10 American adults (69 percent) had a monthly payment of less than $500, which was down from 79 percent in 2007.
That figure was also down from 71 percent in 2016 and 71 percent the previous year.
Bock said that this was partly because Americans are saving more of their money.
“They’re saving their money more,” he said.
“The average household income is up, but there’s more of that savings going toward discretionary expenses, like groceries and housing.”
It also could mean the next car to get you into your home is a more fuel-efficient vehicle, or that you will be able to save money on a car insurance policy, Bocks said.
He said that if you want to keep your savings up, you should always look for a car with more miles per gallon.
And if you don’t want to spend your money, you can always save for your car in a tax-advantaged account or with a bank.
So whether you’re planning on buying a used or a brand old car, you’ll want to think long and hard about where you want your money going next.
Get more local news in your inbox with our free app.
This story was originally published on Dec. 11, 2018.