Deal Alert: Chevrolet Cruze Prices May Drop
Chevrolet Cruze models were selling briskly earlier this year, but after GM shifted production in July to switch over to the 2012 model, something went wrong.
Sales started dropping and inventory levels have been increasing ever since - and nobody seems to know why.
Inventory levels jumped from a 33 day supply earlier in the year to 88 days in December, which is not good news for GM - but is great for car buyers.
In an effort to reduce supply and prevent prices from dropping, GM shut down production of the Cruze last week.
This may do the trick, but it's likely prices for the Cruze will still drop. If you're in the market for a compact car and have not considered the Cruze, you should definitely put it on your list.
With inventory levels high, dealers are now more likely to negotiate on price.
The main competitors to the Cruze are the Ford Focus, Honda Civic, Toyota Corolla, Volkswagen Jetta, and Hyundai Elantra.
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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