From The Archives: 1983 New Car Deals
This story originally aired in the first week of January, 1983
CHATTANOOGA (WDEF) – The models change, the technology changes and even the names change, but there is something about buying a new vehicle that hasn’t changed.
And that’s looking for a good deal.
Forty years ago, auto dealers started the new year out with some new financing deals.
You’ll see a lot has changed.
The cars are boxier and there are no SUV’s.
The prices are much lower in eighties, but the interest rates we paid to finance them were MUCH higher. (The deals were dropping the interest rates to the levels we’re seeing today!)
Take a look back at the new car deals from January, 1983.