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American drivers are holding onto their cars, trucks, and SUVs longer than ever, with the average amount of time hitting a record of 12.5 years. The primary cause of this is the global automotive chip shortage. Due to lockdowns during the coronavirus pandemic, facilities manufacturing chips had to shut down. And that shortage has driven up the cost of new and used cars. While you can still get a good deal if you buy a used vehicle over a new one, can you get a reliable used car? Read this used car guide to learn why you can trust used vehicles. Why You Can Trust Used Vehicles A new car loses up to 11% of its worth the moment it’s driven off the lot. It’ll lose around 20% of its value after one year, and a new car will depreciate between 15% and 25% annually until it’s five years old. So, buying a new car means shouldering high depreciation. Considering that new cars cost more, you might balk at sinking a lot of money into buying one. Buying a quality used vehicle from a trusted used car dealership means you can take advantage of a great price. Buying used means using depreciation to your benefit and getting a great car for much less. You can trust pre-owned vehicles sold by a reputable automotive company. Consider, as well, that vehicles these days can be more reliable than vehicles from the past. So, you can easily find used cars made to last. Buying from a trusted used car dealership like Red McCombs Automotive means you can access a wide range of quality used vehicles. You’ll see that used cars can be a good buy in today’s market. How to Choose Them Do you want to know the best strategies to find trusted used vehicles? The good news is that it’s not a matter of luck. You can trust pre-owned vehicles on the lots of reputable car dealers with a track record of providing good service. You won’t have to worry about getting a lemon when you buy a certified pre-owned car from a used car dealer like Red McCombs Automotive. Our certified pre-owned vehicles undergo rigorous inspections, maintenance, and repairs. So, buying such a vehicle is like getting a reconditioned car that’s practically as good as new. And it’ll be a fraction of the cost of a new one. If you want to test drive used cars made to last before buying one, visit one of our dealerships. It’s worth the drive to any of our Texas locations. Used This Used Car Guide to Find Your Used Car Are you looking for a vehicle? At Red McCombs Automotive, we sell quality new and used cars, trucks, vans, SUVs, and other vehicles. If you need a car but don’t have the budget for a brand-new vehicle, there’s no need to despair. Our used cars won’t leave you stranded. After reviewing this used car guide, check out our selection of certified pre-owned vehicles. With our wide selection of used vehicles, you’ll find the perfect car for your needs. Stop by for a test drive. Red McCombs Hyundai NorthWest 13663 W IH 10, San Antonio, TX 78249, USA Sales: 844-218-7288 Service: 844-218-7288 Parts: 844-218-7288 McCombs Ford West 7111 NW Loop 410, San Antonio, TX 78238, USA Sales: 833-711-9378 Service: 855-370-3663 Parts: 844-385-7247 Red McCombs Genesis NorthWest 25766 IH 10 West Boerne, TX 78006 Sales: 726-207-3479 Service: 726-207-3479 Parts: 726-207-3479 Red McCombs Collision Center 2235 Northwest Loop 410, San Antonio, TX 78230, USA Sales: 210-256-5350 Service: 210-256-5350 Parts: 210-256-5350 Red McCombs Toyota 13526 W I-10 Frontage Rd, San Antonio, TX 78249 Sales: 866-783-9870 Service: 866-789-4627 Parts: 888-355-3918 Red McCombs Hyundai 4800 NW I-410 Loop, San Antonio, TX 78229, USA Sales: 844-452-3877 Service: 844-452-3877 Parts: 844-452-3877 Red McCombs Body Shop 4800 Northwest Loop 410, San Antonio, TX 78229, USA Sales: 210-377-3864 Service: 210-377-3864 Parts: 210-377-3864 Universal Toyota 12102 I-35, San Antonio, TX 78233, USA Sales: 210-944-4768 Service: 210-944-4768 Parts: 210-944-4768 Red McCombs Ford 8333 I-10, San Antonio, TX 78230, USA Sales: 833-504-1993 Service: 833-491-0790 Parts: 877-738-2159 Drive Away Motors CENTRAL 8333 I-10, San Antonio, TX 78230, USA Sales: 833-504-1993 Service: 833-491-0790 Parts: 877-738-2159 Drive Away Motors WEST 7111 Northwest Loop 410, San Antonio, TX 78238, USA Sales: 833-711-9378 Service: 855-370-3663 Parts: 844-385-7247 Drive Away Motors SOUTH 12102 I-35, San Antonio, TX 78233, USA Sales: 210-757-4632 Service: 210-757-4632 Parts: 210-757-4632

Last year, the car and automobile manufacturing market in the US was worth more than $100 billion. The automotive sector is one of the biggest in the United States, although it has taken a hit in recent years. Factors such as the COVID-19 pandemic, supply chain issues, and the Russia-Ukraine conflict have had impacts on production and sales. Yet, if you’re in the market for a new vehicle, now might be a great time to buy. Here’s what you need to know about trends and what’s coming in 2023 for cars. Vehicle Affordability Still Presents Challenges There’s still talk of a possible recession this year, but there seem to be opposing views on the timing and severity. Factors such as high inflation are hitting many American families hard. Thankfully, if you need a new vehicle, you have options. Buying used is one way to save during this time, and you’ll still find plenty of quality vehicles on the market. Wholesale pricing for used cars is expected to fall again as rates get closer to pre-pandemic rates. You can apply for financing to create manageable payments. This is a great option if you don’t have the funds to buy a vehicle in cash. The Year of Electric Vehicle Improvements Expect the automotive industry to focus on basic performance upgrades for electric vehicles. Consumers tend to hold back on purchasing EVs until there are more upgrades in terms of range or decreased prices. Experts also predict that there will be more incentives for businesses to make the switch. Some companies will likely incorporate EVs into their fleets thanks to electric vehicle tax credits and other incentives. Compared to 2020, sales almost doubled in 2021 to 6.6 million. That’s roughly 16.5 million electric vehicles on the road. Making upgrades to battery efficiency and adding more EV charging stations will help expedite the switch. Vehicle Trends: Connected Cars Connected cars are vehicles that can “communicate” with other software systems using short-range radio signals. These cars collect data from your surroundings, such as a vehicle on the side of the road up ahead that could be a potential traffic hazard or drivers running red lights. The hope is that connected cars will reduce accidents and prevent fatalities on roads and highways. This technology has a significant advantage over other vehicle sensors and warning systems because it doesn’t rely on line-of-sight communication. So, one of our 2023 automotive predictions is that we’ll see more of this technology being implemented in newer models. More Online Research Many consumers spend a great deal of time researching before even visiting the dealership. That’s not a trend that’ll end anytime soon. Many people look up the latest new car guide for any models they’re interested in, reading about the pros and cons. They stay updated with the latest auto industry news, learning about trends and safety features. As a result, buyers arrive at a dealership with a better idea of what they want and how much they’re willing to pay. The Future of the Automotive Sector Now that you’ve read our predictions for the automotive sector for the year, you have a better idea of what to expect. Now is a great time to buy a vehicle, whether you’re planning on getting a new model or a used car. Here at Red McCombs, our motto is “Driven to Serve,” so we can’t wait to help you find your next favorite car, truck, or SUV. Shop our wide selection of new vehicles to find some amazing deals on your favorite brands, and then visit our dealership! Red McCombs Hyundai NorthWest 13663 W IH 10, San Antonio, TX 78249, USA Sales: 844-218-7288 Service: 844-218-7288 Parts: 844-218-7288 McCombs Ford West 7111 NW Loop 410, San Antonio, TX 78238, USA Sales: 833-711-9378 Service: 855-370-3663 Parts: 844-385-7247 Red McCombs Genesis NorthWest 25766 IH 10 West Boerne, TX 78006 Sales: 726-207-3479 Service: 726-207-3479 Parts: 726-207-3479 Red McCombs Collision Center 2235 Northwest Loop 410, San Antonio, TX 78230, USA Sales: 210-256-5350 Service: 210-256-5350 Parts: 210-256-5350 Red McCombs Toyota 13526 W I-10 Frontage Rd, San Antonio, TX 78249 Sales: 866-783-9870 Service: 866-789-4627 Parts: 888-355-3918 Red McCombs Hyundai 4800 NW I-410 Loop, San Antonio, TX 78229, USA Sales: 844-452-3877 Service: 844-452-3877 Parts: 844-452-3877 Red McCombs Body Shop 4800 Northwest Loop 410, San Antonio, TX 78229, USA Sales: 210-377-3864 Service: 210-377-3864 Parts: 210-377-3864 Universal Toyota 12102 I-35, San Antonio, TX 78233, USA Sales: 210-944-4768 Service: 210-944-4768 Parts: 210-944-4768 Red McCombs Ford 8333 I-10, San Antonio, TX 78230, USA Sales: 833-504-1993 Service: 833-491-0790 Parts: 877-738-2159 Drive Away Motors CENTRAL 8333 I-10, San Antonio, TX 78230, USA Sales: 833-504-1993 Service: 833-491-0790 Parts: 877-738-2159 Drive Away Motors WEST 7111 Northwest Loop 410, San Antonio, TX 78238, USA Sales: 833-711-9378 Service: 855-370-3663 Parts: 844-385-7247 Drive Away Motors SOUTH 12102 I-35, San Antonio, TX 78233, USA Sales: 210-757-4632 Service: 210-757-4632 Parts: 210-757-4632

With the rise of shared mobility, connectivity services and feature upgrades, the automotive industry is set to revolutionize in the next few years. However, with all the new technologies and trends in the market, car shopping can be daunting. Don’t stress, though. This 2023 car buying guide explains what to expect in the upcoming years and why choosing the right dealership is crucial. It also gives you tips on how to prepare for your car purchase. Let’s make car shopping fun and easy! Why 2023 is the Ideal Year to Buy a New Car The automotive industry is undergoing a major transformation due to technological advancements and changing consumer demands, resulting in an increased focus on diverse mobility options, autonomous driving technology, electric vehicles and innovative connectivity features. Together, these trends make the automotive industry ripe for disruption. As a result, cars will increasingly become platforms for drivers and passengers to use their time in transit to consume new forms of media and services. Furthermore, vehicle unit sales are expected to grow due to macroeconomic factors and the rise of new mobility services such as car sharing and e-hailing. For these reasons, 2023 is the perfect time to purchase a new car. 2023 Car Buying Guide: Preparing for Car Shopping in 2023 As the automotive industry continues to evolve and new technologies and trends emerge, it’s essential to be well-informed when shopping for a car in 2023. Here are a few tips to help you prepare for your car purchase: Research different car models and features: With the rapid technological advancements, it’s essential to keep up with the latest features and options available. Set a budget: Before you start shopping, have a clear idea of how much you can afford to spend on a car, keeping in mind your income, expenses and any other financial obligations when setting a budget. Obtain financing: If you plan to finance your car purchase, research different financing options, and compare rates and terms to find the best deal. Understand the terms of the loan and the total cost of the car, including interest and fees. Bring the proper documents and identification: When you’re ready to purchase a car, make sure you bring the necessary documents and identification, such as a driver’s license, proof of insurance and proof of income. Choose a trusted dealership: Find a reputable dealership with a wide selection of cars and financing options, as well as a dedicated team of experts who can help guide you through the process. Following these tips and preparing in advance will help you make an informed car purchase in 2023. Upgrade Your Ride in 2023 at Red McCombs Automotive As the automotive industry continues to evolve, it’s vital to be well-informed when shopping for a car in 2023. You can confidently make an informed car purchase by researching different models, setting a budget, obtaining financing and choosing a trusted dealership. Visit Red McCombs Automotive and let us help you find your perfect car in 2023. Red McCombs Hyundai NorthWest 13663 W IH 10, San Antonio, TX 78249, USA Sales: 844-218-7288 Service: 844-218-7288 Parts: 844-218-7288 McCombs Ford West 7111 NW Loop 410, San Antonio, TX 78238, USA Sales: 833-711-9378 Service: 855-370-3663 Parts: 844-385-7247 Red McCombs Genesis NorthWest 25766 IH 10 West Boerne, TX 78006 Sales: 726-207-3479 Service: 726-207-3479 Parts: 726-207-3479 Red McCombs Collision Center 2235 Northwest Loop 410, San Antonio, TX 78230, USA Sales: 210-256-5350 Service: 210-256-5350 Parts: 210-256-5350 Red McCombs Toyota 13526 W I-10 Frontage Rd, San Antonio, TX 78249 Sales: 866-783-9870 Service: 866-789-4627 Parts: 888-355-3918 Red McCombs Hyundai 4800 NW I-410 Loop, San Antonio, TX 78229, USA Sales: 844-452-3877 Service: 844-452-3877 Parts: 844-452-3877 Red McCombs Body Shop 4800 Northwest Loop 410, San Antonio, TX 78229, USA Sales: 210-377-3864 Service: 210-377-3864 Parts: 210-377-3864 Universal Toyota 12102 I-35, San Antonio, TX 78233, USA Sales: 210-944-4768 Service: 210-944-4768 Parts: 210-944-4768 Red McCombs Ford 8333 I-10, San Antonio, TX 78230, USA Sales: 833-504-1993 Service: 833-491-0790 Parts: 877-738-2159 Drive Away Motors CENTRAL 8333 I-10, San Antonio, TX 78230, USA Sales: 833-504-1993 Service: 833-491-0790 Parts: 877-738-2159 Drive Away Motors WEST 7111 Northwest Loop 410, San Antonio, TX 78238, USA Sales: 833-711-9378 Service: 855-370-3663 Parts: 844-385-7247 Drive Away Motors SOUTH 12102 I-35, San Antonio, TX 78233, USA Sales: 210-757-4632 Service: 210-757-4632 Parts: 210-757-4632