If you think car prices have been on a steady increase you would be right. This may be good if you bought a car a few years ago and want to trade it in but if you are just looking to buy a car it may not be so good. Prices have been like a roller coaster lately and who knows where they will end up. It is unusual to see car values go up several months in a row as cars historically depreciate at a steady pace. I’m sure the current economic situation (you know the one where government spending is out of control) has something to do with it. Prices also depend on demand. Car sales hit a slump for a good while driving prices down for many months. Since people need to get around just like they used to it was only a matter of time before they bought a car.

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