In the market for a new car? Here's how to save money in an inflated market

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Inflation is hitting everyone hard, especially people in the market for a new car. These are some tips to try to help car shoppers save money.

The nationwide average price for a gallon of gasoline has topped $5 for the first time ever, and drivers aren't the only ones fed up with the price hikes."If you go buy a full size pickup or you go buy a large SUV, those are popular. So, you're going to pay for that." said Brian Moody, Kelley Blue Book executive editor."If you want a deal, then look for the types of vehicles that people aren't buying as much and that's things like sedans and hatchbacks.

"Because in this market, it's very much a seller's market and whatever is available is going quickly," Preston said."So when you buy your car, you have to be ready to go."

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How to save money on a new car: don’t buy one. Sell your old car and move to a city where you can walk everywhere or take public transit.

Interest rates skyrocketing.

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