RealCarTips Logo

Terrible August Sales Could Mean More Car Bargains

September 9, 2010

As summer comes to a close, there's one thing that's still heating up - the car buyer's market.

With the release of the poor August sales figures, it's clear that bargains should abound for car buyers.

Sales were down for nearly all car manufacturers, resulting in the worst August sales in over 28 years - though there were a few exceptions.

For example, there is a general surge in SUV sales as shoppers headed into the holiday weekend. This comes at a time when several fuel-efficient cars, such as the 2011 Ford Fiesta, are coming to market.

Hyundai continues to pick up market share and Audi had its best August ever. Subaru sales are normally strong, but this month they showed a decline - except for the Outback.

Although sales are not doing well, most car manufacturers have cut back on production enough that they don't feel the need to increase incentives spending. This could change if we see a couple of more months of poor sales.

My Recommendation for Car Shoppers

TrueCar and RydeShopper 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.
- Gregg Fidan

Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
  • 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
Enter Your Email Below

(Absolutely NO SPAM, easy to unsubscribe)
×

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

May 28, 2020
May 21, 2020
May 14, 2020
May 7, 2020
April 30, 2020
April 23, 2020
April 16, 2020
April 9, 2020
April 2, 2020
March 26, 2020
March 19, 2020
March 12, 2020
March 5, 2020
February 27, 2020
February 20, 2020
February 13, 2020
February 6, 2020
January 30, 2020
January 23, 2020
January 16, 2020
January 9, 2020
January 2, 2020
I welcome your car buying questions. Email Me and I'll be glad to answer them!