Hyundai Tucson Supplies Low, Hold Off Buying For Now
Hyundai has been one of the biggest beneficiaries of Toyota's recent problems with recalls and questions about quality and safety. The Korean automaker says that demand has skyrocketed for models like the recently re-designed Tucson SUV and the Sonata.
The problem for buyers right now is that dealer stocks of the Tucson are at very low levels due in part to Toyota buyers switching to Hyundai. Dealers will be able to sell these models at prices closer to the suggested retail price. Obviously, this isn't good if you're a buyer, but there is some hope.
Waiting until after the first batch of new Tucsons is delivered will make more sense. Officials at Hyundai say that production will increase beginning in March, so waiting a few months after that should result in supply catching up to demand.
In another nod to Toyota's issues, Hyundai issued a quick recall on 2011 Sonatas because of a faulty door latch. The fix is simple and is being completed at dealerships this week, with cars again available for sale by the weekend.
My Recommendation for Car ShoppersTrueCar, Edmunds, 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.
New York Tri-State Residents - Important:There is a new car leasing service called Carvoy, available to NY tri-state area residents, which I recommend you try - especially if you hate the stress of haggling with car dealerships. Carvoy provides pre-negotiated lease deals, calculated with taxes and all fees incuded so you know exactly what it will cost. Here is my list of Best Carvoy deals, updated each month.
- Gregg Fidan
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
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