Fiat 500 Sales Collapse, Dealers Desperate to Sell More
If you're a big fan of the Fiat 500 and have been waiting to buy one, you're now in luck
Sales of the tiny subcompact car have hit a wall and dealers are getting desperate.
When it first launched in March, Fiat had an ambitious goal of selling 50,000 units this year, but they only sold about 16,000 so far and sales keep dropping.
Out of 150 Fiat dealers, 29 of them didn't even sell one vehicle last month - ouch!
Chrysler, the parent company of Fiat, is now offering a $500 rebate to entice buyers.
The collapse in demand for the Fiat 500 is a perfect example of why you should always wait before buying a newly introduced model.
The early adopters paid a high price to have the first one on the block.
If you're serious about purchasing the Fiat 500, make sure to use our step-by-step negotiation guide to maximize savings.
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
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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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