Hold Off Buying GM SUVs for Now
The popularity of many SUVs throughout GM's lineup is necessitating a move to increase production at several facilities. Demand for these vehicles is outstripping supply which means you're not likely to get a good deal right now.
The vehicles that require more production are the Buick Enclave and LaCrosse, the Cadillac SRX, Chevrolet Traverse and Equinox and their more up-market brethren the GMC Acadia and Terrain. These represent the core of GM's midsize and full-size SUV models.
Demand is there for these seven vehicles in spite of a relatively weak market overall for larger vehicles, and the fact that General Motors is considering re-opening plants should be a red flag for buyers considering these cars.
Unless there are leftover 2009 models of one's preferred SUV still on the lot, you may want to consider looking at competing SUVs that have a better inventory of supply. Previous articles have noted that Ford is also experiencing supply issues with their Expedition and Excursion models.
My Recommendation for Car ShoppersTrueCar No-Haggle, Edmunds Price Promise, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
California Residents - Important:There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.
- Gregg Fidan
About: Gregg Fidan
Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
Latest Weekly Car Buying Tips RSS Feed