Money Manager: Is this a good time to buy a new car?

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by ERIC AMADO

WFAA contributor

Posted on March 24, 2012 at 11:23 AM

Gas prices are averaging $3.89 across the country this weekend; that's up nearly 30 cents from a month ago.

Experts say gasoline prices could hit $4.25 by late April.

As a result of this increase, Americans are taking fewer trips to restaurants and shopping malls. Is this a good time to purchase a new, more fuel-efficient car? Is this investment really worth it?

Financial analyst Eric Amado discusses the pros and cons with us on News 8 Daybreak Saturday.

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