Great Car Deals Hard to Find Right Now
Finding a great deal on a new car is tough right now - largely due to the devastating disaster last month in Japan – and although production is slowly getting back to normal, some key components are still in short supply.
If you're looking for a good deal on a Toyota, Honda or Nissan, it might not pay to wait, as shortages will make finding a bargain harder and harder.
Analyst are predicting a shortage through the end of summer and most automakers are expected to cut back on incentives next month.
In addition to production woes, the current economy is also causing some manufacturers to raise prices.
The yen has grown stronger against the U.S. dollar, reducing profit Japanese automakers see from vehicles sold in the States.
So if you're in the market for a new car and want to save, act now. Use our Car Buying Guide to get the lowest price.
Otherwise, you may be waiting a very long time to find a good deal.
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
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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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