Originally Posted By: Cutehumor
It's not a good time to buy a car. with Japan having their earthquake/tsuamni and high gas prices. you won't be getting a good deal on fuel efficient vehicles foreign or domestic.
Unfortunately if you are in a situation of needing another car right away, you're definitely screwed. When the new car market is tight, the used car market demand picks up a bit as well. As a result used car prices will increase. This is evident by the overall increase in used car values as reported by Manheim, the #1 vehicle remarketing company.