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TrueCar

Car Buyer's Paradise Right Now

May 19, 2009


With all the turmoil going on in the autmotive industry, now is a great time to be a new car buyer. Here is a partial list of things that are contributing to a car buyer's paradise:
  • Chrysler shutting 789 dealerships by June 9th (clearance sales)
  • GM shutting down 42% of dealers by end of 2010
  • Car Sales down nearly 40% compared to last year
  • Huge leftover inventory of 2008 and 2009 models
  • Huge Incentives
  • Sales tax deduction for new car buyers
  • Cash for Guzzlers bill looks likely to pass, giving car buyers up to $4,500 credit
It's not surprising that according to J.D. Power and Associates, the average transaction price of a new car fell nearly 3% in the last 6 months. The average cash rebate rose 2.3% to $2,628 per vehicle.

Now is truly a great time to buy a new car. If you want to see the exact rebates and incentives being offered in your area (rebates vary drastically by region), our advice is to start out with a price quote. Fill the form out indicating the make and model you're interested in and a dealer will usually get back to you within 24 hours with bottom-line price along with rebates and incentives.

See the lowest prices on a vehicle in your area (plus see the actual incentives you qualify for)
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