Why You Should be Flexible with Your Car Choice
Don't get your heart set on one specific model! Ideally, you should narrow your options down to 3 vehicles, then determine which one offers the best deals.
Each car has different supply and demand factors affecting its price. With a little bit of research, you could end up saving several thousand dollars and still end up with a car you're happy with. Along these same lines, you don't want to limit yourself to a specific color or options package.
The more flexible you are, the better your chances of landing an awesome deal, especially when it comes to leftover models. Obviously, one way to expand your choice of vehicles is to consider buying a close competitor - many of which offer the same features. There are some vehicles that actually have a "twin" - they share the same chassis, interiors, and many other components, but are marketed under different brands.
Here's a list of twin models - check to see if the car you're considering has a twin, and if so, make sure you do some price comparisons before purchasing. In some cases, the other twin is several thousand dollars less expensive.
Twin Vehicles - Same Car, Different Brand
|Buick Enclave||Chevrolet Traverse|
|Buick Verano||Chevrolet Cruze|
|Chevrolet Avalanche||Cadillac Escalade EXT|
|Chevrolet Colorado||GMC Canyon|
|Chevrolet Corvette||Cadillac XLR|
|Chevrolet Impala||Buick LaCrosse|
|Chevrolet Silverado||GMC Sierra|
|Chevrolet Tahoe||GMC Yukon|
|Chevrolet TrailBlazer||GMC Envoy|
|Chrysler Town & Country||Dodge Grand Caravan|
|Dodge Avenger||Chrysler Sebring|
|Dodge Charger||Chrysler 300|
|Dodge Dakota||Mitsubishi Raider|
|Dodge Durango||Chrysler Aspen|
|Ford Edge||Lincoln MKX|
|Ford Escape||Mazda Tribute|
|Ford Expedition||Lincoln Navigator|
|Ford Fusion||Lincoln MKZ|
|Ford Ranger||Mazda B-Series|
|Ford Taurus||Lincoln MKS|
|Hyundai Accent||Kia Rio|
|Hyundai Entourage||Kia Sedona|
|Jeep Compass||Jeep Patriot|
|Jeep Liberty||Dodge Nitro|
|Nissan Armada||Infiniti QX56|
|Nissan Frontier||Suzuki Equator|
|Tesla Roadster||Lotus Elise|
|Toyota 4Runner||Lexus GX470|
|Toyota Camry||Lexus ES350|
|Toyota Land Cruiser||Lexus LX570|
|Toyota Matrix||Pontiac Vibe|
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow 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