Luxury Car Buyers May See Better Deals Soon
It's good to be the king.
Mercedes-Benz has made up serious ground in the American luxury market, beating out both BMW and long-reigning Lexus in sales last month.
The Silver Arrow saw deliveries climb 17% in the US, to 19,862 units in September.
BMW announced its sales had grown by 21%. Lexus, meanwhile isn't fairing so well. Sales fell 6% to 16,948 units, even in light of booming ES sales.
The company delivered 21 percent more of its front-wheel-drive sedan in September, but those gains were demolished by the fact that sales of the company's IS line dropped off by 27 percent.
Aside from being good news for Mercedes-Benz, the changing of the crown may result in better deals for consumers.
Whenever there's a change in sales leaders, the other luxury manufacturers scramble to catch up, often offering better deals to stay competitive.
Keep a lookout for incentive or finance deals from BMW and Lexus.
My Recommendation for Car Shoppers
TrueCar and Edmunds 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
- 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.
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